-
Another original Hermes Birkin bag sells for $2.86 mn
-
11 million flock to Notre-Dame in year since rising from devastating fire
-
Gymnast Nemour lifts lid on 'humiliation, tears' on way to Olympic gold
-
Lebanon president says country does not want war with Israel
-
France takes anti-drone measures after flight over nuclear sub base
-
Signing up to DR Congo peace is one thing, delivery another
-
'Amazing' figurines find in Egyptian tomb solves mystery
-
Palestinians say Israeli army killed man in occupied West Bank
-
McLaren will make 'practical' call on team orders in Abu Dhabi, says boss Brown
-
Norris completes Abu Dhabi practice 'double top' to boost title bid
-
Chiba leads Liu at skating's Grand Prix Final
-
Meta partners with news outlets to expand AI content
-
Mainoo 'being ruined' at Man Utd: Scholes
-
Guardiola says broadcasters owe him wine after nine-goal thriller
-
Netflix to buy Warner Bros. Discovery in deal of the decade
-
French stars Moefana and Atonio return for Champions Cup
-
Penguins queue in Paris zoo for their bird flu jabs
-
Netflix to buy Warner Bros. Discovery for nearly $83 billion
-
Sri Lanka issues fresh landslide warnings as toll nears 500
-
Root says England still 'well and truly' in second Ashes Test
-
Chelsea's Maresca says rotation unavoidable
-
Italian president urges Olympic truce at Milan-Cortina torch ceremony
-
Norris edges Verstappen in opening practice for season-ending Abu Dhabi GP
-
Australia race clear of England to seize control of second Ashes Test
-
Trump strategy shifts from global role and vows 'resistance' in Europe
-
Turkey orders arrest of 29 footballers in betting scandal
-
EU hits X with 120-mn-euro fine, risking Trump ire
-
Arsenal's Merino has earned striking role: Arteta
-
Putin offers India 'uninterrupted' oil in summit talks with Modi
-
New Trump strategy vows shift from global role to regional
-
World Athletics ditches long jump take-off zone reform
-
French town offers 1,000-euro birth bonuses to save local clinic
-
After wins abroad, Syria leader must gain trust at home
-
Slot spots 'positive' signs at struggling Liverpool
-
Eyes of football world on 2026 World Cup draw with Trump centre stage
-
South Africa rugby coach Erasmus extends contract until 2031
-
Ex-Manchester Utd star Lingard announces South Korea exit
-
Australia edge ominously within 106 runs of England in second Ashes Test
-
McIlroy survives as Min Woo Lee surges into Australian Open hunt
-
German factory orders rise more than expected
-
Flooding kills two as Vietnam hit by dozens of landslides
-
Italy to open Europe's first marine sanctuary for dolphins
-
Hong Kong university suspends student union after calls for fire justice
-
Asian markets rise ahead of US data, expected Fed rate cut
-
Nigerian nightlife finds a new extravagance: cabaret
-
Tanzania tourism suffers after election killings
-
Yo-de-lay-UNESCO? Swiss hope for yodel heritage listing
-
Weatherald fires up as Australia race to 130-1 in second Ashes Test
-
Georgia's street dogs stir affection, fear, national debate
-
Survivors pick up pieces in flood-hit Indonesia as more rain predicted
| RBGPF | 0% | 78.35 | $ | |
| BCE | 1.33% | 23.532 | $ | |
| JRI | 0.18% | 13.775 | $ | |
| SCS | -0.5% | 16.15 | $ | |
| RIO | -0.38% | 73.45 | $ | |
| BCC | -0.28% | 74.05 | $ | |
| AZN | 0.33% | 90.33 | $ | |
| NGG | -0.34% | 75.65 | $ | |
| GSK | -0.89% | 48.14 | $ | |
| RYCEF | 0.34% | 14.7 | $ | |
| CMSC | -0.38% | 23.391 | $ | |
| RELX | -0.15% | 40.48 | $ | |
| BTI | -1.83% | 56.995 | $ | |
| VOD | -1.43% | 12.455 | $ | |
| BP | -2.15% | 36.445 | $ | |
| CMSD | -0.15% | 23.285 | $ |
Australia's opposition ditches commitment to net zero emissions
Australia's conservative opposition said Thursday it will drop its commitment to achieving net zero emissions by 2050 if it wins power and leads a country dependent on fossil fuels but highly vulnerable to climate change.
Prime Minister Anthony Albanese's centre-left government has poured billions into solar power, wind turbines and green manufacturing and pledged to make Australia a renewable energy superpower.
It has also pledged to slash planet-warming greenhouse gas emissions by up to 70 percent from 2005 levels over the next decade and is campaigning to co-host next year's UN climate summit alongside Pacific Island neighbours -- some of the most climate-threatened nations in the world.
The opposition centre-right Liberal Party have agonised in recent weeks over whether to drop the net zero emissions pledge, introduced in 2021 by the party's former leader Scott Morrison when he was prime minister.
After days of closed-door debate with party top brass, opposition leader Sussan Ley said on Thursday that her party would drop the goal if it returned to office.
She said they remained committed to "responding to climate change in a way that is affordable, responsible and achievable".
"Net zero would be welcome" but the target would have to be achieved without government intervention, Ley added.
"Energy affordability" would instead take precedence over government action to stop climate change, she said.
The Liberals were roundly defeated in this year's federal elections by Albanese's Labor, sparking soul searching on how best to claw back power.
Ley's announcement comes just days after their conservative coalition partners, the National Party, voted to ditch their net zero by 2050 target.
The two parties will meet Sunday to determine their coalition's formal stance.
- 'Climate wars' redux -
Australia's "climate wars" -- a years-long domestic fight over emissions policy -- stalled progress and the country remains dependent on its fossil fuel economy for growth.
Albanese on Thursday slammed the opposition for "walking away from climate action".
"They're also walking away from reliable and affordable energy," he told reporters in Canberra.
But his green ambitions remain at odds with Australia's deep entanglement with lucrative fossil fuel industries.
It is the world's second-largest coal exporter, holds the third-largest coal reserves and continues to channel billions of dollars in public subsidies into fossil fuels.
And iron ore, extracted through emissions-intensive mining, remains its most valuable export.
Australia with its vast flora and fauna, is considered highly vulnerable to climate change.
A landmark climate impact report released by the government in September warned that rising oceans and flooding caused by climate change will threaten the homes and livelihoods of more than a million Australians by 2050, while deaths from heat-related illness will soar.
The country already has the highest rate of skin cancer in the world -- almost 19,000 Australians were estimated to be diagnosed with melanoma in 2024, official health data shows.
Environmentalists fear Thursday's move by the Liberals would see them walk back any meaningful progress made in recent years should they get back into office.
Amanda McKenzie, chief executive of the Climate Council NGO, said ditching net zero would allow "climate change to rip".
"It's deadly negligence that would leave Australians facing more fires, floods and heatwaves," she said in a statement.
"You can't win elections by ignoring voters who want meaningful climate action."
S.Caetano--PC