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The Trump effect has caused Australia's carbon emissions target to halt.

The Trump effect has caused Australia's carbon emissions target to halt.

By Kajal Sharma - 16 Jan 2025 10:36 PM

As the advisory body weighs the likely impact of Donald Trump's presidency, Labor is on track to go to the federal election without a 2035 emissions reduction target.Bloomberg — Donald Trump's entry to the White House is projected to put Australia's new carbon emission reduction objectives by 2035 out past the next election, which is scheduled for May, by several months.On Monday, Bowen said on Australian Broadcasting Corp. radio, "We don't know yet whether he'll be able to abolish the Inflation Reduction Act." If that happens, that's a bad thing. However, the money must go elsewhere if the US shows less interest in investing in renewable energy. Furthermore, Australia will be at the top of the list. The center-left Labor government in Australia has made an effort to change the nation's standing as a global climate laggard. It enacted the country's first emission reduction goals shortly after taking office, promising to reduce emissions by 43% from 2005 levels by 2030.Early next year, Australia is anticipated to agree to revised 2035 targets under the Paris Agreement.

Matt Kean, the chairman of the Climate Change Authority, stated that it would take more time to recommend how much should be decreased. In an interview with the Sydney Morning Herald, Kean stated that "the election of Donald Trump, his statements on climate change, and his positions on energy policy are likely to have a global impact." "We will need longer time to offer the target's recommendations because of this additional work. We anticipate being able to complete this work in a few months.Due to the delay, the announcement of the 2035 aim is most likely to occur after the next election, which is scheduled for May 17.  Although both political parties in Australia have committed to achieving net zero by 2050, the opposition Liberal-National Coalition has so far declined to establish any immediate goals.

 

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