AIRLINK 71.98 Increased By ▲ 2.78 (4.02%)
BOP 5.05 Increased By ▲ 0.15 (3.06%)
CNERGY 4.32 Increased By ▲ 0.06 (1.41%)
DFML 31.80 Increased By ▲ 0.55 (1.76%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.33 Increased By ▲ 1.33 (6.65%)
FFBL 35.30 Increased By ▲ 0.30 (0.86%)
FFL 9.29 Increased By ▲ 0.17 (1.86%)
GGL 9.83 Increased By ▲ 0.03 (0.31%)
HBL 112.04 Decreased By ▼ -0.72 (-0.64%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.15 Increased By ▲ 0.20 (2.88%)
KEL 4.38 Increased By ▲ 0.15 (3.55%)
KOSM 4.37 Increased By ▲ 0.12 (2.82%)
MLCF 37.60 Increased By ▲ 1.00 (2.73%)
OGDC 138.40 Increased By ▲ 5.53 (4.16%)
PAEL 23.34 Increased By ▲ 0.70 (3.09%)
PIAA 24.64 Increased By ▲ 0.44 (1.82%)
PIBTL 6.64 Increased By ▲ 0.18 (2.79%)
PPL 124.90 Increased By ▲ 8.60 (7.39%)
PRL 27.06 Increased By ▲ 1.16 (4.48%)
PTC 13.37 Increased By ▲ 0.29 (2.22%)
SEARL 52.40 Increased By ▲ 0.40 (0.77%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.55 Increased By ▲ 0.01 (0.09%)
TELE 8.29 Increased By ▲ 0.01 (0.12%)
TPLP 11.00 Increased By ▲ 0.20 (1.85%)
TRG 60.52 Increased By ▲ 1.23 (2.07%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,545 Increased By 135.8 (1.83%)
BR30 24,800 Increased By 763.4 (3.18%)
KSE100 71,930 Increased By 1262.8 (1.79%)
KSE30 23,605 Increased By 381.3 (1.64%)

imageSYDNEY: Australia plans to reduce carbon emissions by at least 26 percent from 2005 levels by 2030, Prime Minister Tony Abbott said Tuesday, adding the government was focused on balancing the economy with the environment.

The conservative government is expected to take the target, which Abbott said was "fairly in the middle" of those made by comparable economies, to an upcoming global climate conference in Paris.

"We have come to the position our 2030 emissions reduction target will be in the range of 26 to 28 percent," Abbott told reporters in Canberra.

"There is a definite commitment to 26 percent but we believe under the policies that we have got, with the circumstances that we think will apply, that we can go to 28 percent."

The government had previously said it would consider projected economic growth and the nation's mineral resources in coming up with its target and Abbott said he was not assuming a "massive close down of coal" -- a key export for Australia.

"It's a good, solid, economically responsible, environmentally responsible target," Abbott said of the pledge.

With its use of coal-fired power and relatively small population of 23 million, Australia is one of the world's worst per capita greenhouse gas polluters but Abbott said the new target would drastically improve this.

"We are not leading but we are certainly not lagging," he said.

"Where we are leading, of course, is in emissions reduction per person -- 50 percent-plus emissions reduction per person which is the best in the developed world."

Paris will host the UN climate conference at the end of the year, with organisers hoping to conclude a pact limiting global warming to two degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial levels.

Copyright AFP (Agence France-Presse), 2015

Comments

Comments are closed.