As the COP28 climate summit gets underway in the oil production hub of the United Arab Emirates today, Australia’s climate minister Chris Bowen will detail our progress in meeting emissions cut targets and updated projections.
The second Annual Climate Change Statement will be tabled in parliament at noon. But we already know some of the detail. Australia is now likely to cut its emissions 42% below 2005 levels by 2030 – very close to the legislated 43% target the government introduced last year.
This is likely to give Bowen a spring in his step, when combined with last week’s funding announcement on renewables and storage. From this strengthened platform, he will argue Australia can be trusted to meet its climate goals.
