The Australia Institute enters ‘net zero’ delusion zone

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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
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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.