Modelling commissioned by lobby group comes as Climate Change Authority due to advise on new target – but does not factor in cost of inaction
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The Albanese government would need up to $530bn worth of capital investment and a potential curbing of coal and gas exports to achieve a 2035 emissions target of 70% or more, according to new modelling commissioned by the Business Council of Australia.
The Climate Change Authority – the commonwealth’s advisory body on emissions targets – is due to hand the government its recommendation on a 2035 target within days.
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Continue reading...Source: Guardian - World News
