Labor’s 2050 target blows 2 degrees and gives up on Paris Agreement: Bandt
Australian Greens Leader Adam Bandt has slammed Anthony Albanese’s move to adopt a net zero by 2050 pollution target, saying it will blow the 2 degrees budget and mean Australia gives up on the Paris agreement.
It is expected that Anthony Albanese will tomorrow announce that Labor will adopt a target of net-zero by 2050, without any target for 2030. Based on current projections, a simple straight-line reduction from 2022-2050 would blow Australia’s ‘2 degrees’ budget (as determined by the Climate Change Authority) and would likely exceed the 2 degrees budget as early as 2034.