Even the current government believe 38% is achievable. And the current rate of reduction means 43% is within reach.
https://www.industry.gov.au/data-and-publications/australias-emissions-projections-2021
Under this high technology scenario, emissions are projected to be 388 Mt CO₂-e per year in 2030. This is a 35% reduction on 2005 levels in Paris budget accounting terms, or a 38% point-in time reduction on 2005 levels (Figure 2).
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