General
Carbon targets on agenda at world leaders’ summit, but what is business doing to bring emissions down?
As world leaders meet this weekend in the hope of agreeing to tighter global emission targets, carbon-intensive industries operating in Australia are watching closely.
Key points:
- Carbon-intensive industries in Australia are looking to reduce emissions in line with internationally accepted targets
- Most of Australia’s carbon industries have specific targets, but they differ markedly with little coordination
- Hydrogen is increasingly seen a future source of energy, but the uptake so far is slow
The 2020 United Nations Emissions Gap report this week found that despite a brief dip in carbon dioxide emissions caused by the COVID-19 pandemic, the world was still heading for a temperature rise in excess of 3 degrees Celsius this century.
That is far…
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