Australia set to overshoot its 2030 target by large margin
Without further policies, Australia’s emissions are set to increase substantially - around 27% above 2005 levels by 2030, according to an assessment by an international research analysis, the Climate Action Tracker (CAT). As its contribution towards the Paris Climate Agreement, Australia has put forward an emissions reduction target of 26-28% below 2005 levels by 2030. The CAT has calculated this to be 16-25% below 2005 levels excluding emissions from land use, but the policies Australia currently has in place are set to see emissions rise from those levels by 27%. According to the CAT analysis, Australia stands out as having not just one of the weakest of the climate targets put forward by an industrialised country, but also for having the weakest polices, with the largest gap between current policy and the INDC (intended Nationally Determined Contribution) target.