Targets and trajectories: the Garnaut Climate Change Review draft supplementary report

Source: Garnaut Climate Change Review
"Professor Ross Garnaut has proposed two options for Aust's GHG emissions reductions and trajectories to 2050, admitting his ambition to see global GHG emission concentrations stabilised at 450ppm by 2050 is probably unachievable. In his economic modeling report released today, Garnaut said his review had "reluctantly concluded that international agreement on a global goal of 450ppm is not possible at this time". Aust should nevertheless indicate to the rest of the world its willingness to move "towards a more ambitious global goal than 550ppm". Garnaut said his recommendations would "not be the best for all time. They are the best available to us now". He proposed a slow "transition period" between the carbon pollution reduction scheme (CPRS) starting in 2010 and the end of the Kyoto period in 2012, followed by a trajectory of emissions reduction targets peaking at an 80% cut by 2050."