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RenewEconomy

Morrison government has not modelled a zero emissions scenario

The Morrison government is relying on five-year-old economic modelling as the basis of its 2030 emissions reduction target and has not modelled the economic impact of transitioning to a zero-emissions economy, despite signing up to such a target under the Paris Agreement.

Despite a growing chorus of support from Australia’s business community for the government to set a 2050 target for reaching zero net emissions, including from the Business Council of Australia, the Australian Industry Group and the Investor Group on Climate Change, the Morrison government has not sought to model what an…

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