According to Climate Action Tracker, it is likely Australian emissions under the Liberals policy will actually increase by 12 per cent by 2020, instead of meeting the unconditional commitment of 5 per cent on 2000 levels by 2020.
While the Abbott Government were pushing their repeal legislation through the House of Representatives last week, being opposed by Labor and the Greens, Climate Tracker released a special briefing announcement and policy brief (PDF).
The Climate Action Tracker has rated Australia’s current target of a 5 percent emissions reduction by 2020 at 2000 levels as “inadequate,” and consistent with a global pathway heading to temperature rises of 3.5-4°C.
However, by dismantling this legislation and replacing it with the Abbott Government’s proposed “Direct Action” plan, Australia instead looks set to increase its emissions by 12% in 2020.
“Australia’s climate legislation was a milestone for the country and it had finally begun to turn a corner on climate change,” said Bill Hare, Director of Climate Analytics.
“The legislation would have bent the relentless upward trend of its emissions curve downwards, moving Australia onto the first step toward a low carbon, climate-safe future, and created the governmental machinery needed for upgrading action.”
“The proposed repeal will instead see a likely re-carbonisation of the power sector, the present machinery dismantled - and replaced by a climate policy that goes against the science.” concluded Bill Hare.