Australia is losing the new economy race, top UK climate official says
The Australian government's resistance to adopting ambitious emissions reductions targets is an economic "folly" causing the nation to fall behind in a rapidly unfolding new industrial revolution, says one of the British government's top climate officials.
Nigel Topping, who was appointed by British Prime Minister Boris Johnson to the United Nations role of High Level Climate Action Champion for next year's international climate talks, said that coal would have little role in the global economy within 20 years, and other nations were racing ahead of Australia in developing new industries driven by ambitious emissions reductions targets.
"To have less ambition than your main markets, it's just economic folly."
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