Australia needs 5% yearly CO2 benchmark cut to meet Paris target -analysts

Published 15:01 on September 20, 2016  /  Last updated at 23:02 on September 20, 2016  /  Asia Pacific, Australia  /  No Comments

Australia faces a cumulative emission reduction goal of nearly 1 billion tonnes of CO2 by 2030 to meet its Paris target, and would need to lower the benchmarks under the Safeguard Mechanism by over 5% annually to achieve it, according to analysts Reputex.

Australia faces a cumulative emission reduction goal of nearly 1 billion tonnes of CO2 by 2030 to meet its Paris target, and would need to lower the benchmarks under the Safeguard Mechanism by over 5% annually to achieve it, according to analysts Reputex.

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