Labor’s new 2035 emissions reduction target is built on fantasy.
It assumes the government achieves its 2030 target, which experts have overwhelmingly said it will not.
Labor refuses to reveal the cost of its 2035 plan, or its economic impact on households, businesses, and regional communities.
We have seen this show before. Labor announced its 2030 target, produced glossy modelling, and promised the world.
In reality, costs went up, reliability went down, and emissions flatlined.
Labor promised Australians a $275 cut in their power bill by 2025.
Instead, bills are up by an average of 39 percent, or around $1,300.
If Albanese can’t deliver his 2025 target for electricity prices, how can anyone trust his 2035 target for emissions?
Emissions are now stuck at 28% below 2005 levels. This is exactly where they were when the Coalition left office.
Australia must act on climate change. However, targets must be grounded in reality, achievable, and protect jobs and household budgets.
Labor’s 2035 plan does none of these. The only guarantee is higher costs.
We will oppose any attempt to legislate this target.
Thank you for your support.
