New report finds 30% cuts in Australia's emissions achievable by 2020
March 03, 2008
The report from global management consultants McKinsey has found that significantly reducing Australia's greenhouse emissions is achievable but requires rapid action.
The Report titled: An Australian Cost Curve for Greenhouse Gas Reduction is based on methodology the firm has used in the US, UK, Germany and globally where the costs and abatement potential of different technologies is compared.
The Report Found that:
The report investigates opportunities to cut greenhouse gases across the economy, including stepping up investment in wind power, using tougher regulations to lift energy efficiency, speeding up new technologies through tax breaks and subsidies, lifting fuel efficiency standards and increasing the use of renewable energy.
To read the full report download:
http://www.mckinsey.com/clientservice/ccsi/pdf/Australian_Cost_Curve_for_GHG_Reduction.pdf
