Australian Government new emissions targets will unlock decarbonisation future

Source: Australian Government, DISER

Corporate Carbon welcomes the announcement of the Australian Government's updated Nationally Determined Contribution (NDC) under the Paris Agreement to the UNFCCC.

Pledging to reduce greenhouse gas emissions by 43 per cent below 2005 levels by 2030 is a crucial step for Australia to achieve its much needed net zero future.

The commitment to legislate these commitments will unlock significant opportunities and potential for businesses working towards the development of carbon management and reduction technologies, and projects.

"The Government’s new emissions reductions target is an important step forward, and a meaningful signal to industry and investors to expect stronger climate action over the coming eight years." said Gary Wyatt, Managing Director, Corporate Carbon.