The Albanese government is hoping it can successfully juggle multiple audiences with its 2035 emissions reduction target.
With a specific number, no single set of stakeholders could have been fully satisfied without alienating another. In opting for a range, and a big one at that – a 62%-70% cut in emissions from 2005 levels – the government, taking a pragmatic course, has given itself maximum wriggle room. This is also reasonable, considering a future of economic uncertainty and rapidly changing technology.
Business can focus on the 62%; those wanting more ambition can hope the 70% might be reached. Prime Minister Anthony Albanese declared, “we think we’ve got the sweet spot”. They haven’t of course – because there is no “sweet spot”. In policy terms, dealing with climate change is one of those “wicked problems”. Often, it is a choice between least-worst courses, or a stab in the dark, given the long timelines.
