Aligning Australian industry with net-zero emissions under the Paris Agreement

While the government continues to reject calls for a net-zero emissions target, policymakers are unlikely to be able to hold their finger in the dyke for much longer, with Australia’s major trading partners adopting targets to reach net-zero emissions by 2050, while industry continues to press for clear direction to decarbonise the economy.

The US election in November also looms as a key trigger point for climate action, with Democratic candidate, Joe Biden, proposing an ambitious climate agenda that would return the US to the Paris Agreement, set a net-zero goal of no later than 2050, and implement carbon border