We welcome the announcement by the United States and China to reduce or cap emissions.
The Government is already delivering on Australia’s commitment to reduce emissions by 5 per cent on 2000 levels by 2020.
We have always said that we will consider Australia’s post-2020 emissions reduction targets in the lead up to next year’s Paris conference. This will take into account action taken by our major trading partners.
In the meantime, what’s important for Australia is that we have replaced Labor’s ineffective and costly carbon tax with a policy that will actually deliver significant emissions reductions.