Josh Frydenberg rejects IMF report that Australia will fail to meet Paris target

Treasurer says Australia will meet Paris target without carbon price, despite IMF analysis

Josh Frydenberg has rejected the International Monetary Fund's warning that Australia will fail to meet its Paris agreement emissions reduction target even with a carbon price of US$75 a ton.

The IMF made the observation in a report on mitigating climate change which concluded that a carbon tax is still a more cost-effective solution than "feebate" models, which impose fees on activities with above-average emissions and subsidise those with below-average emissions.