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Australia to 'Fail' in Achieving Carbon Emission Reduction Targets Due to Shortfall

2014-06-13 04:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Times: Prime Minister Tony Abbott is attempting to undo what his predecessors have done to reduce carbon emissions. The Abbott government is moving to abolish the carbon tax and replace it with the Direct Action plan. Reputex, a major carbon market analysis firm in Australia, said the Abbott government's proposed Emissions Reduction Fund is not enough to meet the country's target of cutting emissions to 5 per cent below 2000 levels by 2020. When Australia misses its mark, it will also fail to meet its...

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