Australia must get real on net zero and the environment

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Australia’s politicians, the media, and environmental groups want us to believe that climate change is the biggest environmental threat.

They claim that Australia needs to meet its net zero commitments to prevent “dangerous climate change”, ignoring that Australia is a tiny emitter on the world stage and China is the main source of carbon emissions.

Annual Co2 emissions

China accounted for 31.5% of the world’s carbon emissions in 2023, according to Our World in Data.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.