The Japan Times - Australia's opposition ditches commitment to net zero emissions

EUR -
AED 4.276798
AFN 76.973093
ALL 96.541337
AMD 443.660189
ANG 2.0846
AOA 1067.888653
ARS 1669.958677
AUD 1.752514
AWG 2.096182
AZN 1.984351
BAM 1.955625
BBD 2.34549
BDT 142.477215
BGN 1.956439
BHD 0.439061
BIF 3440.791247
BMD 1.164546
BND 1.508565
BOB 8.047278
BRL 6.334667
BSD 1.164496
BTN 104.702605
BWP 15.471612
BYN 3.348
BYR 22825.091832
BZD 2.34209
CAD 1.610159
CDF 2599.265981
CHF 0.936209
CLF 0.027366
CLP 1073.571668
CNY 8.233458
CNH 8.232219
COP 4424.302993
CRC 568.848955
CUC 1.164546
CUP 30.860456
CVE 110.255106
CZK 24.203336
DJF 207.371392
DKK 7.470448
DOP 74.533312
DZD 151.505205
EGP 55.295038
ERN 17.468183
ETB 180.629892
FJD 2.632397
FKP 0.872083
GBP 0.872678
GEL 3.138497
GGP 0.872083
GHS 13.246811
GIP 0.872083
GMD 85.012236
GNF 10119.091982
GTQ 8.9202
GYD 243.638138
HKD 9.065875
HNL 30.671248
HRK 7.535429
HTG 152.446321
HUF 381.994667
IDR 19435.740377
ILS 3.768132
IMP 0.872083
INR 104.760771
IQD 1525.563106
IRR 49041.926882
ISK 149.038983
JEP 0.872083
JMD 186.393274
JOD 0.825709
JPY 180.924237
KES 150.636483
KGS 101.839952
KHR 4662.581612
KMF 491.43861
KPW 1048.083022
KRW 1716.311573
KWD 0.357481
KYD 0.970513
KZT 588.927154
LAK 25252.733992
LBP 104283.942272
LKR 359.197768
LRD 204.961608
LSL 19.736529
LTL 3.438601
LVL 0.704422
LYD 6.330432
MAD 10.755735
MDL 19.814222
MGA 5194.533878
MKD 61.634469
MMK 2445.475195
MNT 4130.063083
MOP 9.338362
MRU 46.438833
MUR 53.651052
MVR 17.938355
MWK 2019.3188
MXN 21.165153
MYR 4.787492
MZN 74.426542
NAD 19.736529
NGN 1688.68458
NIO 42.856154
NOK 11.767853
NPR 167.523968
NZD 2.015483
OMR 0.447772
PAB 1.164595
PEN 3.914449
PGK 4.941557
PHP 68.66747
PKR 326.476804
PLN 4.229804
PYG 8009.281302
QAR 4.244719
RON 5.092096
RSD 117.389466
RUB 89.441974
RWF 1694.347961
SAR 4.370508
SBD 9.584899
SCR 15.774978
SDG 700.4784
SEK 10.946786
SGD 1.508673
SHP 0.873711
SLE 27.603998
SLL 24419.93473
SOS 664.340387
SRD 44.985272
STD 24103.740676
STN 24.497802
SVC 10.190086
SYP 12877.828498
SZL 19.72123
THB 37.119932
TJS 10.684641
TMT 4.087555
TND 3.416093
TOP 2.803946
TRY 49.523506
TTD 7.894292
TWD 36.437508
TZS 2841.64501
UAH 48.888813
UGX 4119.630333
USD 1.164546
UYU 45.545913
UZS 13931.74986
VES 296.437311
VND 30697.419423
VUV 142.156196
WST 3.249257
XAF 655.898144
XAG 0.019993
XAU 0.000278
XCD 3.147243
XCG 2.098812
XDR 0.815727
XOF 655.898144
XPF 119.331742
YER 277.802752
ZAR 19.711451
ZMK 10482.311144
ZMW 26.923584
ZWL 374.983176
  • RBGPF

    0.0000

    78.35

    0%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • AZN

    0.1500

    90.18

    +0.17%

  • GSK

    -0.1600

    48.41

    -0.33%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • NGG

    -0.5000

    75.41

    -0.66%

  • RELX

    -0.2200

    40.32

    -0.55%

  • SCS

    -0.0900

    16.14

    -0.56%

  • BTI

    -1.0300

    57.01

    -1.81%

  • BCC

    -1.2100

    73.05

    -1.66%

  • RIO

    -0.6700

    73.06

    -0.92%

  • VOD

    -0.1630

    12.47

    -1.31%

  • BCE

    0.3300

    23.55

    +1.4%

  • BP

    -1.4000

    35.83

    -3.91%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • JRI

    0.0400

    13.79

    +0.29%

Australia's opposition ditches commitment to net zero emissions
Australia's opposition ditches commitment to net zero emissions / Photo: DAVID GRAY - AFP

Australia's opposition ditches commitment to net zero emissions

Australia's conservative opposition said Thursday it will drop its commitment to achieving net zero emissions by 2050 if it wins power and leads a country dependent on fossil fuels but highly vulnerable to climate change.

Text size:

Prime Minister Anthony Albanese's centre-left government has poured billions into solar power, wind turbines and green manufacturing and pledged to make Australia a renewable energy superpower.

It has also pledged to slash planet-warming greenhouse gas emissions by up to 70 percent from 2005 levels over the next decade and is campaigning to co-host next year's UN climate summit alongside Pacific Island neighbours -- some of the most climate-threatened nations in the world.

The opposition centre-right Liberal Party have agonised in recent weeks over whether to drop the net zero emissions pledge, introduced in 2021 by the party's former leader Scott Morrison when he was prime minister.

After days of closed-door debate with party top brass, opposition leader Sussan Ley said on Thursday that her party would drop the goal if it returned to office.

She said they remained committed to "responding to climate change in a way that is affordable, responsible and achievable".

"Net zero would be welcome" but the target would have to be achieved without government intervention, Ley added.

"Energy affordability" would instead take precedence over government action to stop climate change, she said.

The Liberals were roundly defeated in this year's federal elections by Albanese's Labor, sparking soul searching on how best to claw back power.

Ley's announcement comes just days after their conservative coalition partners, the National Party, voted to ditch their net zero by 2050 target.

The two parties will meet Sunday to determine their coalition's formal stance.

- 'Climate wars' redux -

Australia's "climate wars" -- a years-long domestic fight over emissions policy -- stalled progress and the country remains dependent on its fossil fuel economy for growth.

Albanese on Thursday slammed the opposition for "walking away from climate action".

"They're also walking away from reliable and affordable energy," he told reporters in Canberra.

But his green ambitions remain at odds with Australia's deep entanglement with lucrative fossil fuel industries.

It is the world's second-largest coal exporter, holds the third-largest coal reserves and continues to channel billions of dollars in public subsidies into fossil fuels.

And iron ore, extracted through emissions-intensive mining, remains its most valuable export.

Australia with its vast flora and fauna, is considered highly vulnerable to climate change.

A landmark climate impact report released by the government in September warned that rising oceans and flooding caused by climate change will threaten the homes and livelihoods of more than a million Australians by 2050, while deaths from heat-related illness will soar.

The country already has the highest rate of skin cancer in the world -- almost 19,000 Australians were estimated to be diagnosed with melanoma in 2024, official health data shows.

Environmentalists fear Thursday's move by the Liberals would see them walk back any meaningful progress made in recent years should they get back into office.

Amanda McKenzie, chief executive of the Climate Council NGO, said ditching net zero would allow "climate change to rip".

"It's deadly negligence that would leave Australians facing more fires, floods and heatwaves," she said in a statement.

"You can't win elections by ignoring voters who want meaningful climate action."

K.Yoshida--JT