1/ On Tuesday, the Federal Government announced its Plan for achieving #netzero by 2050. But there are two key problems with the plan… A thread on our latest blog post by @jams_ha. #auspol #COP26
2/ The first problem? The plan contains no new policies to credibly deliver the goal.
The second? Net zero by 2050 is not sufficient to meet Australia’s fair share of keeping global warming well-below 2ºC, let alone 1.5ºC. Too little, too late.
The second? Net zero by 2050 is not sufficient to meet Australia’s fair share of keeping global warming well-below 2ºC, let alone 1.5ºC. Too little, too late.
3/ It matters how the world gets to net zero. Greenhouse gases accumulate in the atmosphere over time. Which is why we need to keep our emissions within a ‘carbon budget’. 
4/ More conservative reductions now mean higher absolute emissions – and more risk we trigger irreversible climate change.
To stay within a 2ºC carbon budget, Australia would need to cut emissions by 62% by 2030.
To stay within a 2ºC carbon budget, Australia would need to cut emissions by 62% by 2030.
5/ The arithmetic is even starker for achieving 1.5ºC. To stay within a 1.5ºC carbon budget, Australia would need to achieve net zero by 2035.
6/ Australia is one of the world’s biggest emitters on a per capita basis, emitting 4x more than the global average. Our current climate targets mean we’re relying on other countries to do more than their fair share of cutting emissions, or we'll let the world sail past 1.5ºC.
7/ On Sunday night, we’ll be releasing our fifth and final report in our 'Towards net zero' series, with a practical plan for governments to get Australia on track to net zero by 2050.
Until then, catch up with the blog post here. grattan.edu.au/news/three-cha…
Until then, catch up with the blog post here. grattan.edu.au/news/three-cha…
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