The Climate Change Authority released its Targets and Progress Review on 27 February 2014. The report considered Australia’s greenhouse gas emissions reduction goals and its progress toward meeting them. The Authority adopted a budget approach and recommended a coordinated set of emissions reduction goals for the short, medium and long term.
The Climate Change Authority completed its first review of the Renewable Energy Target in December 2012.
The Climate Change Authority has a statutory obligation to conduct a review of the Carbon Farming Initiative by the end of 2014. As a first step, the Authority is conducting a study of the Carbon Farming Initiative.