"The Morrison government’s eleventh hour commitment to net zero by 2050 is a
Critics rightly point out the government’s plan involves no increase to
Australia’s 2030 climate target, no new funding or policies and few concrete
details of how reductions will be achieved – except a heavy reliance on
technological solutions not yet invented.
What we do know is not encouraging. The questionable focus on subsidising
technologies such as carbon capture and storage seems designed to allow the
fossil fuel industry to keep operating for decades to come. There is also no
detail on how the promised jobs and economic growth will be achieved, nor any
plan to legislate the projected reductions in emissions.
But the most glaring gap is a complete failure to tackle Australia’s biggest
contribution to climate change: our coal, gas and oil exports. What’s more, the
government’s “technology not taxes” mantra belies the fact taxpayers, not big
business, will incur a multi-billion dollar bill for emissions reduction."
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics