Climate Change Authority

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Appendix F Draft recommendations

R.1

That the trajectory range and the national budget to 2050 be reviewed at least every five years. There could be an extra review in 2016 to take into account international developments on the post-2020 framework. As part of these reviews, the trajectory range would be extended and narrowed to maintain a similar period of guidance over time, and future targets and trajectories would be set within the range.

R.2

That the periodic reviews of the trajectory range and the national budget to 2050 have regard to the following general criteria – changes in or new information relating to climate science, the level and pace of international action and economic factors.

R.3

That the Government recognise voluntary action by cancelling one Kyoto Protocol unit for each tonne of emissions reductions achieved in the period 2013 to 2020 through:

  • the voluntary cancellation of domestic units;
  • the voluntary cancellation of renewable energy certificates; and
  • GreenPower purchases.

R.4

That the national carbon budget for the period 2013–2050 be 10 100 million tonnes of carbon dioxide equivalent (Mt CO2-e), and be reviewed on a regular basis.

R.5

The Authority is canvassing two sets of options for emissions reduction goals at this time:

 

Option 1

Option 2

2020 emissions reduction target

15 per cent below 2000 levels

25 per cent below 2000 levels

Indicative national emissions trajectory for the period 2013–2020

A straight line to the 2020 target. This line starts at Australia’s first commitment period target under the Kyoto Protocol (108 per cent of 1990 levels) in 2010, and ends at 15 per cent below 2000 levels in 2020.

A straight line to the 2020 target. This line starts at Australia’s first commitment period target under the Kyoto Protocol (108 per cent of 1990 levels) in 2010, and ends at 25 per cent below 2000 levels in 2020.

National carbon budget for the period 2013–2020

4 314 Mt CO2-e

4 010 Mt CO2-e

Trajectory range to 2030

Beyond 2020, reduce emissions within a trajectory range bounded by the paths to a 35 and 50 per cent reduction below 2000 levels in 2030.

Beyond 2020, reduce emissions within a trajectory range bounded by the paths to a 40 and 50 per cent reduction below 2000 levels in 2030.

 

R.6

That the Government keep access to genuine international emissions reductions available where this is a cost-effective way of helping to meet its emissions reduction goals.

R.7

That the level of carbon pollution caps for each of the first five years of the flexible price period under the carbon pricing mechanism be:

 

If Australia adopts a 15 per cent target (Mt CO2-e)

If Australia adopts a 25 per cent target (Mt CO2-e)

2015–16

234

193

2016–17

229

178

2017–18

224

182

2018–19

219

171

2019–20

214

165