The latest greenhouse gas emissions data released on Friday were a mixture of some good news combined with the sorrow of how far we have to go and how much time we have wasted.
Once the carbon price was removed in 2014, Australia’s greenhouse gas emissions took off – rising ever higher under the lack of climate change leadership of Tony Abbott, Malcolm Turnbull and Scott Morrison.
In less than two years under the carbon price, Australia’s annual greenhouse gas emissions fell 2.4%, and in the same time after the carbon price was repealed they rose 2.8%.
By September 2018 our emissions, excluding “land use”, were 5% above the lowest point achieved during the carbon price period and were the highest they had even been.
And so it is good news that finally our emissions are falling – and falling quite quickly:
But that good news comes with a couple of caveats.
The first is that even with the recent falls, Australia’s annual emissions still remain nearly 4% above the low point of March 2014:
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