No peak in sight? National emissions climb through 2020

The government’s latest emissions projections were released in late December, along with an update to the NGGI for FY 2014-15, providing more detailed insight into the downgrading of Australia’s abatement task, and the government’s long-term emissions outlook.

In this Market Update, we go behind the numbers to identity the key trends and implications:

• The government’s latest emissions outlook has been downgraded to more accurately reflect flatter economic activity, as flagged in our March 2015 update.
• Findings indicate national emissions grew 1.3 per cent over FY15 – the first increase in fiscal year emissions since 2005-06, ten years ago,