Australia is debating how to take action to reduce carbon emissions. Many fear that doing so will hit prosperity and jobs.
In Britain there is a general appreciation that a low-carbon economy can be a prosperous one, and that the costs of global inaction on climate change would be great. There is therefore cross-party consensus behind the stretching target of an 80 per cent cut in Britain’s greenhouse gas emission below 1990 levels by 2050. This was made a legal commitment of the British government by the Climate Change Act of 2008.
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