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Australian Government Minister for the Environment and Heritage
Senator the Hon. Ian Campbell
6 December 2004
A new report released today shows Australia is on track to meet its Kyoto target for reducing greenhouse gas emissions.
Australia is committed to meeting its internationally agreed target constraining emissions in 2008-12 to 108 per cent of their 1990 level. The latest analysis shows projected emissions to be right on the mark.
Releasing Tracking to the Kyoto Target 2004, Minister for the Environment and Heritage, Senator Ian Campbell, said Australia's greenhouse policies and programmes were projected to reduce emissions by 94 million tonnes by 2010 — more than the equivalent of eliminating all transport emissions.
"This represents a tremendous effort by governments, industry and the Australian community," Senator Campbell said.
"The Australian Government is investing around $1.8 billion in climate change measures and this investment is obviously delivering results.
"The economy is continuing to grow, to the benefit of all Australians, yet its greenhouse intensity is declining. The economy is projected to almost double between 1990 and 2010, while emissions are projected to increase by only 8 per cent."
"The Australian economy will grow from approximately $500 billion to $1000 billion in this timeframe. This demonstrates that it is possible to achieve strong economic expansion on a smaller environmental footprint. Strong economic growth driving investment in technology and its rapid application to developing countries is the pathway to seriously addressing climate change."
Senator Campbell said Australia was taking a substantial first step in contributing to the global response on the climate change threat.
"Industry, governments and the community have accepted the challenge, and while today's results are pleasing, we need to maintain focus on practical efforts to achieve our Kyoto target by the end of the decade.
"The measures the Government outlined in this year's Budget and its energy white paper, Securing Australia's Energy Future, provide continuing impetus for long-term technology change and emissions reductions."
Senator Campbell said he would highlight Australia's success in reducing its domestic greenhouse emissions at next week's forthcoming international climate change conference in Buenos Aires.
"I will also continue to work with my international colleagues on a future global response that is more environmentally effective, economically efficient, and involves all major emitters," he said.
Wayne Grant 02 6277 7640 / 0407 845280