Prime Minister Tony Abbott has confirmed a carbon emission reduction target of 26-28 per cent by 2030.
The PM, speaking in parliament today, said the target is “fairly and squarely in the middle of comparable economies”.
“It is better than the Japanese at 25 per cent. It is vastly better than the Koreans at 4 per cent. It’s immeasurably better than the Chinese who will actually increase their emissions by 150 per cent between now and 2030,” he told reporters in Canberra today.
“There is a definite commitment to 26 per cent, but we believe under the policies that we have got, with the circumstances that we think will apply, that we can go to 28%.
“It’s a good, solid economically responsible, environmentally responsible target.”
Foreign Minister Julie Bishop will be attending the UN climate change summit in Paris at the end of the year and said the target gave Australia a “strong and credible environmentally and economically responsible position”.
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