
Prime Minister Anthony Albanese (L), Minister for Climate Change Chris Bowen and Treasurer Jim Chalmers speak to media during a press conference in Sydney, Australia on Sept. 18, 2025. AAP Image/Dan Himbrechts
Last week, the Albanese government unveiled its new 2035 climate target for Australia, promising an accelerated overhaul of the country’s energy grid.
The plan still maintains a net zero target by 2050, but includes a new 2035 benchmark to cut emissions by 62-70 percent by 2035.