Australia missing out on huge cuts in emissions through energy efficiency failure

Adopting existing global standards for household appliances and factory equipment would also save billions in bills, a new report has found

Australia could cut greenhouse gas emissions halfway to its Paris agreement target, and save $7.7bn a year in bills, by adopting existing global standards on energy efficiency.

From new hot water heaters to better standards for appliances, a new report has found Australia is missing an opportunity to "easily" meet its emissions targets and fight the looming climate crisis.