The Australia Institute enters ‘net zero’ delusion zone


Last month, Greg Jericho posted the below chart at The Australia Institute (TAI) bemoaning that Australia’s carbon emissions are not falling and have little chance of meeting the 43% carbon reduction target by 2030:

Australian carbon emissions

Matthew Ryan at TAI has followed up with the following whinge:

Carbon Budget

The evidence is clear – our current policies and targets are insufficient to prevent dangerous global warming, and not aligned with latest scientific research.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.