Original article by John Anderson
The Australian – Page: 14 : 21-Mar-19
Australia accounts for just 1.15 per cent of global greenhouse gas emissions, yet the nation is set to exceed its 2020 abatement target by 367 million tonnes. Meanwhile, global emissions are increasing at a rate of about two per cent annually. Labor’s proposal to reduce Australia’s carbon emissions by 45 per cent will in fact increase global emissions, as it will force industries such as aluminium manufacturing to shift production to countries that have lower efficiency standards. Labor’s policy would also have a much bigger negative impact on Australia’s GDP than the Coalition’s target of reducing greenhouse gas emissions by about 27 per cent.
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE