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Australia targets at least 62% emissions cut in the next decade

Australia aims for a 62-70% emissions reduction from 2005 levels by 2035, supported by over $9 billion in funding for decarbonisation and clean energy projects, despite criticism for not meeting expert targets.

  • Australia aims to reduce greenhouse gas emissions by 62 to 70 percent by 2035, the Albanese government claims it is the most ambitious climate pledge in the nation’s history.
  • Prime Minister Anthony Albanese stated, 'This is a responsible target, backed by the science, backed by a practical plan to get there.'
  • The government announced $5 billion for a Net Zero Fund to help decarbonize large industries and $2 billion for renewable projects.
  • Climate Change Authority Chair Matt Kean believes Australia can 'overachieve' on this emissions target, positioning Australia as a global leader on climate emissions.
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Crikey broke the news in Australia on Wednesday, September 17, 2025.
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