Greens Leader Adam Bandt says that Scott Morrison’s 2050 plan is a climate fraud and will be treated like a sick joke in Glasgow.

Mr Bandt said there is no detailed plan, just a rehash of last year’s Technology Roadmap, and up to half of the claimed emission reduction relies on offsets, accounting tricks and unproven technology.

The so-called plan has no new money, no new policies, no increase to 2030 targets and will mean more coal and gas. The Prime Minister boasted in his press conference that the plan is based on “existing policies”.

The independent Climate Targets Panel, headed by former Liberal Party Leader, John Hewson, has today made it clear that a ‘net zero by 2050’ target is not enough because Australia would still blow its carbon budget unless its 2030 target was up to tripled.

Australia’s ‘fair share’ target, in line with the Paris goal of 1.5 degrees of warming, should be 74% by 2030. That’s the finding of the independent Climate Targets Panel, based on Climate Change Authority methodology.