Australia commits to net zero by 2050 target, but won't legislate goal

accreditation
0:00
play article
Subscribers can listen to this article
  • Australia will target net zero carbon emissions by 2050.
  • Prime Minister Scott Morrison said the goal would not be legislated.
  • The UK and US also pledged a net zero target.


Australia will target net zero carbon emissions by 2050, Prime Minister Scott Morrison said on Tuesday, but it will not legislate the goal and instead rely on consumers and companies driving emission reductions.

The adoption of the target will ease international criticism of Australia which had earlier refused to join countries such as Britain and the United States in pledging zero emissions by 2050 ahead of the United Nations COP26 climate conference in Glasgow from 31 October to 12 November.

READ | Australia's cabinet set to meet on deal for net zero emissions target - sources

Morrison said Australia, one of the world's largest emitters of greenhouse gases on a per capita basis and a major exporter of fossil fuels such as coal, will achieve its net zero target largely through technology development, with government investment totalling A$20 billion ($14.9 billion).

This investment, Morrison said, will reduce the costs of technology such as clean hydrogen, which will increase their use.

Morrison, who faces an expected close election by May 2022, sought to downplay any threat on domestic industries and jobs as a result of reducing emissions.

"Australians want action on climate change. They're taking action on climate change, but they also want to protect their jobs and their livelihoods. They also want to keep the costs of living down," Morrison told reporters in Canberra.

He added:

I also want to protect the Australian way of life, especially in rural and regional areas. The Australian way of life is unique.


While Australia will introduce a 2050 target, Morrison said Canberra will not strengthen its 2030 target of reducing emissions by 26% to 28% from 2005 levels.

EXPLAINER | Targets, deadlines, finance: Here are the sticking points at the UN climate conference

Increased spending on regional infrastructure

However, Australia will surpass that target, reducing emissions by 2030 by between 30% - 35%, he said.

Morrison struggled to gain backing for the net zero target from his coalition government's junior partner, the National Party, which has a regional power base reliant on agriculture and mining, and has long opposed climate policies.

However, the party said on Sunday it would support a net zero target. 

The Australian Financial Review reported the deal included an agreement for increased spending on regional infrastructure and tax benefits for income derived from carbon farming.

The deal will aid Morrison's political position in regional areas that have historically been critical of economic restrictions to curb carbon output.

A widely watched poll on Monday showed Morrison is on course to lose to the centre-left Labour party.

Never miss a story. Choose from our range of newsletters to get the news you want delivered straight to your inbox.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Voting Booth
Zama zama crackdown: What are your thoughts on West Village residents taking the law into their own hands?
Please select an option Oops! Something went wrong, please try again later.
Results
Authorities should bring in the army already
10% - 1648 votes
Illegal miners can't be scapegoated for all crime
52% - 8600 votes
What else did we expect without no proper policing
34% - 5603 votes
Vigilante groups are also part of the problem
3% - 536 votes
Vote
Rand - Dollar
16.17
+0.5%
Rand - Pound
19.63
+0.0%
Rand - Euro
16.59
-0.0%
Rand - Aus dollar
11.52
-0.0%
Rand - Yen
0.12
-0.0%
Gold
1,802.29
0.0%
Silver
20.82
0.0%
Palladium
2,227.50
0.0%
Platinum
966.00
0.0%
Brent Crude
98.15
-1.5%
Top 40
63,996
-1.0%
All Share
70,731
-0.8%
Resource 10
64,048
-2.8%
Industrial 25
86,577
-0.6%
Financial 15
16,059
+0.6%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE