
Finance Minister Mathias Cormann has branded Labor’s target of net-zero emissions by 2050 “reckless and irresponsible”.
Mr Cormann told Sky News on Sunday “Australia is a net exporter of energy, and producing energy supplies in Australia for export generates emissions in Australia but can help reduce emissions by significantly more in other parts of the world where that energy is consumed”.
When asked if the government had ruled out a zero net emissions target by 2050, Mr Cormann said “right now I’m not ruling anything in or anything out” as a “body of work” is needed to ensure climate policy commitments are “environmentally effective and economically responsible”.
“We would never be as reckless and irresponsible as Anthony Albanese was on Friday copying the reckless and irresponsible approach by Bill Shorten in the lead up to the last election where he put forward targets without any costings, without any assessment of the impact on jobs, on electricity prices and even without any assessment of the impact on global emissions,” Mr Cormann said.
Mr Cormann said the government is focused on implementing its 2030 emissions reduction targets but will be “finalising” its approach to long-term targets “in time” for the global climate summit in Glasgow.
“We’ve said for some time that we will be finalising our approach to the longer-term emissions reduction targets that we would commit ourselves to in time for Glasgow later this year,” he said.
Image: News Corp Australia
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Cormann is a corrupt, raving farking lunatic.
LNP is ''reckless and irresponsible' with its handling of the economy! Economy to enter recession this quarter!
Minister how much money did u n donate to the Bush fire fund ???? 0000 mmm yep though so👌👌
It's common sense to remove products that kill to sustain an economy with product that don't, fossil fuels as in gas, oil and coal are product's that have proven to kill their consumer's and to move forward it's paramount that governments that can't achieve manufacturing without killing their consumer's with their products be replaced by a government that can.
We pay these lazy braid dead politicians to think outside the box with new ideas and to date we continue to employ those who have proven they can't.
The Finance Minister Mathias Cormann speaks from both sides of the mouth, has a slip tongue like a snake.
Without the globalist Scott Morrison LNP Government's flood of millions of migrants over the last seven years from China and India the property market would be normal and our children would be able to buy houses and have enough work hours to live securely and comfortably. No one protecting Australia only their pockets. 🇦🇺Beware of the Smirk🇦🇺
You just know Labor will botch this. The last plan involved not just transitioning from coal to renewables, it also pushed carbon imposts to increase energy efficiency. In other words, to achieve their aim of a 45% cut in emissions the country had to use less energy. Best way to do that is to do what so many industries have already done. Leave. Car factories and smelters for example. The Albury paper mill, that city's biggest energy user, closed in December citing energy costs as a factor. This is permanent load – and job – shedding. At least this part of the plan added up in its way. But the other side of the emissions plan was counter to this – electric cars, 500,000 new EVs a year. Labor clearly had not checked how much energy was required to recharge an electric car. A fleet of 10 million EVs needs around 850Mw (that is a lot Albo) to recharge from zero. Just when we are supposed to be using less energy. There was nothing in Labor's plan that recharging your EV was likely to be rationed and restricted to periods when the windmills are spinning at full speed. On average Australian wind farms run at under 35% efficiency. Might be waiting a long time. Reckless and irresponsible? That is being gentle on Labor. It's insane.
Everybody stop breathing.
Decarbonising… Aka stop all economic activity. These zealots want to kill billions of people.
if fraudenberg is the treasurer,what does the finance minister do ?
WHo the FCK was that guy…… doesn't sound like he comes from a place that speaks ENGLISH……and the fcker is touting future emission schemes…..WTF
Tear the UN down. They're nothing except mad men creating a lie! So they can profit! I have no footprint! I will burn all I have.
The manufacturing industries are not only shutting down in Australia and moving offshores because they can't compete with other nations but also, many foreign investors are investing in other countries without giving Australia a second thought because they know they can't be guaranteed a reliable electricity supply to run their industries and also whatever amount of electricity they might be able to far get is too expensive.
On any hot summer days, all heavy industries in Australia are forced to cut down on their production and in many cases, they are forced to shut down altogether to try and prevent blackouts.
As the REAL world evidence continues to accumulate that higher CO2 has a negligible effect on the climate, all of this pissing competition over "emissions reductions" is becoming increasingly irrelevant. There have been no measurable negative effects of increased CO2. When will these talking heads come clean on this?