The Government has set an absolute maximum cut to emissions of 15 per cent by 2020 - if the world signs an effective climate pact - in its greenhouse plan released today.
If no pact is signed, Australia will go with an unconditional 5 per cent cut in emissions.
These targets fly in the face of calls from scientists for countries to slash their emissions by 25 to 40 per cent to avert catastrophic climate change.
The Government says it's unlikely the world can forge a strong greenhouse agreement so its targets are realistic.
So, even though he campaigned strongly on this issue, the best he is offering is less than what is needed to avert catastrophic change. And then ... IF the rest of the world doesn't play, he is taking that deal off the table and offering 5%. Surely the point is to lead by example. Yet again the Australian PM is a disappointment. Where do we get these guys?! I want a refund!