Australia's Climate Target Sparks Criticism Amid Green Shift

Australia announced a revised emissions target for 2035, aiming for a 62%-70% reduction from 2005 levels, a plan that has faced backlash from environmental groups for lacking ambition. The new target is perceived as a compromise that prioritises the country's resource-driven economy over impactful climate action.

Climate Change and Energy Minister Chris Bowen defended the target during a press conference, describing it as ambitious yet achievable. Despite the criticism, the government has committed billions towards clean energy initiatives and remains eager to host future climate summits, signaling their intent to maintain environmental commitments.

The backlash highlights tension between Australia's economic dependencies and global climate responsibilities. Prime Minister Anthony Albanese maintains the target aligns with global allies and has pledged significant funds to promote industry decarbonisation and pressure on electricity prices, amidst calls for a definitive shift away from coal dependence.