"Australia Unveils Emissions Reduction Target Ahead of Paris Talks"

"Conservative Prime Minister Tony Abbott on Tuesday announced cuts to Australia’s greenhouse gas emissions that were immediately criticized by environmental groups and opposition politicians for lagging behind other advanced economies.

The world’s largest exporter of coal and iron ore will cut emissions by 26-28 percent of 2005 levels by 2030, Abbott said, a target that will be submitted as part of negotiations on a global climate deal in Paris at the end of the year.

Australia is one of the largest carbon emitters on a per capita basis due to its reliance on coal-fired power plants, and critics say the move will do little to bring it in line with ambitious targets set by the United States and Europe."

Matt Siegel reports for Reuters August 11, 2015.

Source: Reuters, 08/11/2015