Climate crisis: Australian businesses back net zero carbon emissions by 2050

Carbon Market Institute survey finds 96% believe Australia should not delay transition to decarbonised economy

Australian businesses are calling for a more ambitious national climate policy, backing a target of net zero emissions by 2050 and raising concerns about the lack of a coordinated energy policy and the government's proposed use of carryover credits.

The findings are contained in a Carbon Market Institute survey of more than 200 businesses, to be released on Thursday, which reveals 96% of those surveyed believe Australia should not delay the transition to a decarbonised economy.