This first draft report of the Special Review is intended primarily as an input to the Government’s deliberations on emissions reduction targets. The Government has indicated it will announce Australia’s targets by mid-2015, well ahead of the international negotiations for a new climate agreement in Paris in December 2015.
The Authority recommends a 2025 target for Australia of 30 per cent below 2000 levels. The Authority considers this target is comparable to the efforts of other countries.
In recommending targets, the Authority attaches most weight to the science of climate change, the efforts of comparable countries to reduce their emissions, and Australia's own long term interests. In considering targets for the post-2020 period, the Authority has taken account of the uncertainty regarding Australia's action to 2020, and how quickly Australia might ‘catch up’ with global efforts.
The recommended 2025 target of a 30 per cent reduction by 2025 remains reasonable and achievable even if Australia does not strengthen its 2020 target beyond the minimum 5 per cent reduction. If Australia is able to do more than 5 per cent by 2020, this would allow a more gradual acceleration of effort beyond 2020.