Scott Morrison – Scott Morrison 2014 – CC

In a speech on Wednesday, Prime Minister Scott Morrison said Australia will not be proposing new commitments on climate change but reiterated that the country will seek to bring net emissions to zero “as soon as possible.”

Despite the vow, the PM has not committed Australia to any emission reduction targets by 2050. Morrison has already said that Australia will forge its own path towards net-zero, and will not have it “determined by other countries.” Australia has only committed to a 26 percent to 28 percent reduction of emissions, compared to 2005 levels by 2030.

Ahead of the G7 Summit in the UK later this week, Morrison said: “A new global energy economy is rising with profound implications for Australia, as the world deals with climate change. A net-zero energy economy is being crafted by governments, international agencies, and financial markets alike. This is happening and we understand that.”

47th G7 summit

The 47th G7 summit is scheduled for 11–13 June 2021 in the United Kingdom while it holds the presidency of the G7. (wikipedia)

Scott Morrison

Scott John Morrison is an Australian politician who is the 30th and current Prime Minister of Australia. (wikipedia)

World Trade Organization

The World Trade Organization is an intergovernmental organization that regulates and facilitates international trade between nations. It officially commenced operations on 1 January 1995, (wikipedia)

Morrison Government

The Morrison Government is the federal executive Government of Australia led by the Prime Minister of Australia, Scott Morrison of the Liberal Party of Australia since 24 August 2018. (wikipedia)

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China and the World Trade Organization

China became a member of the World Trade Organization on 11 December 2001, after the agreement of the Ministerial Conference. (wikipedia)