Australian Government Reveals New 2035 Emissions Target, $9 Billion in New Spending

Australia will aim to cut greenhouse gas emissions by 62 to 70 percent by 2035, in what the Albanese government is calling the most ambitious climate pledge in the nation’s history. Prime Minister Anthony Albanese confirmed the target in Sydney on Sept. 17, flanked by Treasurer Jim Chalmers, Energy Minister Chris Bowen, and Climate Change Authority Chair Matt Kean. “This is a responsible target, backed by the science, backed by a practical plan to get there and built on proven technology,” Albanese said. “This is the right target to protect...