
Cap and trade reduces emissions, such as those from power plants, by setting a limit on pollution. (Credits: Google)
- Bowen stated that the government will use the initiative to generate more jobs using renewable energy.
- Albanese told reporters in Canberra that the new target marked the end of the “climate wars.
- The new Australian government promises to reduce carbon emissions by 43 percent from 2005 levels by 2030.
The new Australian government has committed to a 43 percent reduction in carbon emissions from 2005 levels by 2030.
Premier Anthony Albanese and Minister for Climate Change and Energy Chris Bowen announced Thursday that the Labor government has officially submitted its emissions reduction target to the United Nations (UN).
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It represents a more ambitious goal than the 26-28 percent reduction targeted by the previous Coalition administration.
After years of debate over Australia’s climate policies under the previous government, Albanese told reporters in Canberra that the new target marked the end of the “climate wars.”
“An opportunity to reach for solutions, not arguments. An opportunity to provide the certainty going forward,” he said.
“This is economic reform, it’s substantial, but it will have an environmental benefit.”
The new objective is supported by business groups, labour unions, and environmentalists.
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“We send a message to the workers in traditional industries in traditional energy that we’ll provide the framework for the jobs of the future,” he said.
“We’ll provide the framework for renewable energy for storage and transmission, creating hundreds of thousands of jobs across the country.”
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