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Australia Set to Announce Bold 2035 Emissions Target

8/8/2025

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Story summary
  • Australia is gearing up to unveil its ambitious 2035 emissions reduction target by September, aiming for a significant 65-75% cut. This pivotal move is essential for meeting global climate goals and enhancing economic competitiveness. In contrast, the EU is under fire for a controversial proposal that permits carbon credit purchases without thorough impact assessments, risking the integrity of its domestic decarbonization efforts.