This report is part of the global Deep Decarbonization Pathways Project (DDPP), which aims to understand and show how countries can transition to a very low carbon economy. The project comprises 15 countries representing more than 70% of global greenhouse gas emissions and is convened under the auspices of the Sustainable Development Solutions Network (SDSN) and the Institute for Sustainable Development and International Relations (IDDRI).
The report presents an illustrative deep
decarbonisation pathway for Australia – just one of many possible pathways – developed using a combination of well-established modelling tools to identify feasible and least-cost options. The frame of reference for the analysis is that allcountries decarbonise by 2050, consistent with the objective of limiting the increase in global mean surface temperature to 2°C in order to avoid dangerous climate change.
This work finds that Australia can achieve net zero emissions by 2050 and live within its recommended carbon budget, using technologies that exist today, while maintaining economic prosperity. Major technological transitions are needed in some industries and many activities, but no fundamental change to Australia’s economy is required. Economic activity and Australian incomes keep rising. The
economy grows by 150% to 2050, while net emissions fall to zero and energy sector emissions are reduced by more than four fifths.