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Kyoto credit use will halve cut to emissions: Climate Change Authority

The Morrison government’s plan to use so-called Kyoto “carryover credits” towards Australia’s Paris carbon emissions reduction pledge effectively halves the country’s promised cut, the government’s climate change agency says.

In its Special Review of Australia’s Climate Goals, the Climate Change Authority said use of the projected surplus from the current Kyoto Protocol period would effectively slash Australia’s promised 2030 emissions cut of 26-28 per cent on 2005 levels to just 14 per cent.

Angus Taylor has argued Australia will 'meet and beat' Paris carbon goals, but much of the reduction may come from the use of so-called Kyoto carryover credits.

Angus Taylor has argued Australia will ‘meet and beat’ Paris carbon goals, but much of the reduction may come from the use of so-called Kyoto carryover credits.Credit:Alex Ellinghausen

While “there is a short-term benefit” for Australia, relying on credits “will essentially defer Australia’s transition and require accelerated emissions abatement in future years”, the Authority said.

Richie Merzian, a former Australian climate negotiator, said that “on the use of dodgy Kyoto credits, the message to the Australian government is clear – don’t use them and actually reduce your emissions instead”.

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