Australia's carbon budget - 10.1 billion tonnes by 2050 | RenewEconomy

Australia’s carbon budget – 10.1 billion tonnes by 2050

Print Friendly, PDF & Email

CCA recommends ‘carbon budget’ for Australia of 10.1bn tonnes to 2050, but says this could be exhausted quickly if short-term targets not increased.

Print Friendly, PDF & Email

The Climate Change Authority has recommended a “carbon budget” of 10.1 billion tonnes of CO2 equivalent for the 37 years from 2013-2050, but notes this would be exhausted within 17 years at current rates of emissions.

The carbon budget is constructed as part of what the CCA estimates is Australia’s “fair share” of action to reach the global goal of limiting average global warming to 2C. Other private estimates have suggested a budget that could be exhausted within a decade.

The CCA says a carbon budget is important, because keeping a clearly inadequate target of 5 per cent reductions by 2020 would require an “implausibly rapid acceleration” of effort beyond 2020.

“If Australia adopted it and still wished to meet its fair share of the 2 degree budget, it would need to reduce emissions by a further 45 percentage points in the decade to 2030, and then would have only 14 per cent of its budget left for the next two decades.

“A 2020 target of not less than 15 per cent would keep Australia’s future options open, including the option of Australians doing their fair share of the strong global action that is in the national interest.”

CCA budget

“A 5 per cent target for 2020 cannot credibly be described as a ‘gradual start’ to meeting Australia’s 2 degree budget,” the CCA writes.

“A 5 per cent target would leave such large reductions for later that future Australians would either face a very large emissions reduction task or have to abandon the long term national emissions budget. This is inequitable in the first case and against Australia’s national interest in the second.”

However, Australia’s carbon budget might need to be even tougher. There is huge debate among international governments about what defines a “fair share” of the global budget. The CCA canvasses a range of options (see graph below), but the most dramatic impact on Australia’s budget would be based on Australia’s share of the global population.

The CCA said its view is that eventual equality in per person emissions is fair.  But it concedes that that is not likely to happen soon. After all, hat would reduce the budget by a third, suggesting that Australia could exhaust its budget in just 6 years on current levels. “That is just not going to happen,” noted CCA chief executive Anthea Harris.

CCA budget scenario

Print Friendly, PDF & Email

  1. suthnsun 7 years ago

    equality in per person emissions budget is still too ‘fair’ for Australians, since we have profited considerably from exporting fossil fuels. In any case, no point arguing beyond that since there are many different metrics which can be applied to ‘justify’ almost any position. If we argue for per person equality and only have six years left on current trajectory we obviously need a radical mass movement of behaviour change and altered mindset and that is what I am aiming for! (naivete is my middle name)

    I have satisfied myself that it is feasible for a suburban dweller in old house to get to ‘near zero’ (sub 200kg) per capita personal emissions, all that is required to get the extra distance is the availability of an unambiguous iron-clad permanent sequestering scheme for a fee. If such a sequestering scheme was available we could even go on holidays! (remember to quadruple the carbon offsets to take account of ‘other’ damages caused by high altitude air travel)

  2. juxx0r 7 years ago

    What we really need to do is stop pissing around with superfluous rhetoric and get about building infrastructure to replace the carbon intensive infrastructure. Like wasting the carbon tax proceeds on bribing voters to pretend it didn’t happen, when that money could have been better spent on infrastructure, creating jobs, replacing dinosaurs and reducing the carbon tax by reducing the carbon.

    But that would be efficient, and that’s not what politicians and government agencies like the CCA do.

Comments are closed.

Get up to 3 quotes from pre-vetted solar (and battery) installers.