Australia will reduce its greenhouse gas (GHG) emissions by 25 per cent compared with 2000 levels by 2020 if the world agrees to an ambitious global deal capable of stabilizing levels of GHGs in the atmosphere at 450 ppm carbon dioxide equivalent (CO2 eq) or lower. Australia will unconditionally reduce its emissions by 5 per cent compared with 2000 levels by 2020 and by up to 15 per cent by 2020 if there is a global agreement which falls short of securing atmospheric stabilization at 450 ppm CO2 eq under which major developing economies commit to substantially restraining their emissions and advanced economies take on commitments comparable to Australia’s.
Quantified economy-
wide emission
reduction targets
for 2020
|
Base year
(CO2,
CH4 and N2O)
|
Base year
(HFCs,
PFCs and SF6)
|
Base year (NF3)
|
LULUCF
included and
accounting
approach used
|
Market-based mechanisms
under the
Convention
|
5% (unconditional);
15% (conditional);
25% (conditional)
all relative to 2000
|
2000
|
2000
|
2000
|
Yes - based on
the Kyoto
Protocol
LULUCF
classification
system
|
Yes
|
Source: As communicated to the secretariat and contained in document FCCC/SBSTA/2014/INF.6, unless otherwise specified.