"Analysis indicates that Australia’s official greenhouse gas emissions projections… are ‘systemically overstated,' with lower electricity demand and resource export growth forecast to result in 200 million tonnes of CO2 being cut from Australia’s official projections over the next five years," Reputex said on its website.
According to the report, Australia has gradually pared back its obligations to reduce emissions. In 2012 it calculated that its emissions should be reduced by 755 million tons of CO2 to reach the target set for 2020. Last year, Australia's official forecast reduced the previously set quantity to 421 million tons. In March, the latest revision put at only 236 million tons, the amount by which Australia should reduce its greenhouse gas emissions.
Australia is a major producer and exporter of coal, which causes the release of massive CO2 emissions into the atmosphere. Last year, Australian Prime Minister Tony Abbott said that coal is indispensable to the country's economy and useful for mankind on the whole.
In 2015, the United Nations Climate Change Conference will be held in Paris, which aims to achieve a legally binding and universal agreement on climate change from all nations of the world.
