Australia joins global pledge to cut methane emissions by 30 pct

Australia’s climate change minister Chris Bowen on Sunday said the government has joined the Global Methane Pledge as part of multilateral efforts to reduce global methane emissions, Trend reports citing Al Arabiya.

“By joining the Pledge, Australia will join the rest of the world’s major agricultural commodity exporters including the US, Brazil, and Indonesia in identifying opportunities to reduce emissions in this hard-to-abate sector,” Bowen said in a statement.

The government will continue to partner with industry to decarbonize the economy, especially in energy and waste sectors, and capture waste methane to generate power, he said.

Government investment to assist the pledge will include up to A$3 billion ($1.91 billion) from a $15 billion National Reconstruction Fund to support low emissions technology and component manufacturing, and agricultural methane reduction, Bowen said.

The senior minister said the pledge would not require Australia to focus only on agriculture or reduce agricultural production or livestock.

“As result of signing the Pledge, the Australian Government will not legislate or introduce taxes or levies to reduce livestock emissions,” Bowen said.

The US and EU-led effort pledges to slash methane emissions by 30 percent by 2030. The effort now covers 60 percent of global gross domestic product and 30 percent of global methane emissions.

More than 100 countries have joined the push to cut emissions of the potent greenhouse gas, an initiative aimed at tackling one of the main causes of climate change.

“Canada, with a very similar economy to us, Brazil, Argentina, New Zealand and the European Union are all signatories and it’s appropriate that Australia joins,” Bowen told reporters in Sydney.

 

Source: TREND News Agency