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Labor’s ‘ambitious’ emissions target faces criticism

by Emma Walker – News Editor

Australia‘s Revised ​Emissions ‍Target Draws Fire From⁢ both Sides

CANBERRA – Australia’s Labor government unveiled⁢ a‍ new emissions reduction target range of 62-70% below⁣ 2005 levels by ⁤2035, a move immediately met ‌with criticism from climate‍ advocates who deemed it insufficient ‍and‌ industry‍ groups anticipating significant challenges to implementation. The announcement comes ‍as Australia seeks to co-host the upcoming Conference​ of the Parties (COP) climate talks with Pacific neighbours, a bid being closely scrutinized by‌ island nations facing existential threats from climate change.

Wesley Morgan, a research associate from the ⁢Institute for ‍Climate ⁤Risk & Response at‌ the University of New South Wales,​ emphasized⁣ the Pacific’s focus on Australia’s ambition. “Pacific nations are watching Australia’s ambition closely,” he⁢ said. “Pacific island countries are fighting for survival, and want to see all countries set a target that is in line with limiting warming to 1.5C.” Morgan argued Australia’s share of global efforts to limit warming to 1.5C requires a 75% reduction ⁢by 2035.

Achieving even the lower end of the‌ government’s target will be challenging, according to Innes Willox, chief executive of Australian Industry‌ group. “Even reaching 62 ​per‍ cent will challenge policy makers,‍ industry and households,” ⁤Willox ⁢stated. ⁤He ​added that reaching 70% “will only be possible with favourable tailwinds from‍ technology, global markets ⁣and the right⁤ policy settings, especially to allow⁣ for the construction and delivery of significant infrastructure.” Willox ⁢maintained the target is “in the realm of the feasible – with hard work and a ‌tight focus on making Australia a place where it is indeed easy to invest and to build.”

Mining magnate Andrew ‘Twiggy’ Forrest,head of ‍Fortescue,acknowledged the​ government’s “courage of leadership” in setting the 2035 target,but insisted‍ the upper limit of 70%⁣ “must⁣ be a floor,not a⁤ ceiling.” ​”A cut of at least 75 per cent is⁤ what is needed for Australia to pursue emissions reductions in line ‍with the science,” Forrest said in a statement. “A 62 per cent to 70 per cent range is⁢ a step forward, but it sends a signal that we are comfortable with the status quo. Australia is ‍capable of much more and the world is watching.”

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