This year Australia moved backwards two places in the annual Climate Change Performance Index (CCPI). The national experts cited the still substantial fossil fuel subsidies and policies to incvrease Fossil Fuel production.
The report lists 3 key outcomes:
- Australia drops two ranks in the current CCPI, to 52nd and among the low-performing countries
- Fossil fuel subsidies have declined and been redirected to other industries. However, some major fossil fuel subsidies remain.
- Key demands: stop approving and signalling support for the expansion of fossil fuel production
The National Experts explained:
Australia dropped to 52nd and among the low-performing countries. It receives a medium rating in GHG Emissions, low in Renewable Energy and Climate Policy, and very low in Energy Use.
Australia’s 2030 national target is to reduce GHG emissions by 43% from 2005 levels. The country plans to achieve net zero by 2050. The CCPI national experts welcome these targets and Australia is now nearly on track to achieve its 2030 emissions reduction target.
The experts further note that since the election of the current government in mid-2022, fossil fuel subsidies have declined and been redirected to other industries. However, some major fossil fuel subsidies remain, including the Fuel Tax Credit scheme which subsidies the fuel taxes paid by a range of sectors, including fossil fuel mining. Australia is among the 10 countries with the largest developed coal and gas reserves, and is currently planning to increase its production.




