Full Story Matt Kean on Australia’s future in a climate crisis
Sep 20, 2025
Matt Kean, Chair of the Climate Change Authority and former NSW treasurer, dives into Australia's ambitious climate goals. He discusses the Science-based target for a 62-70% emissions cut by 2035, informed by a national risk assessment painting a bleak picture of the future. Kean elaborates on the importance of tech advancements, like EV uptake, and the need for bipartisan support in addressing climate challenges. He also reflects on how international dynamics influence Australia's approach and the crucial distinction between domestic targets and fossil fuel exports.
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Law Requires Broader Considerations
- The Climate Change Authority must balance science with economy, society and equity when advising targets.
- That legal requirement made the recommendation more complex than a pure scientific judgment.
Real Costs Of Inaction Evident
- Major climate impacts are already driving large public costs and influenced the Authority's thinking.
- Matt Kean cites floods, bushfires and drought as concrete evidence the cost of inaction exceeds action.
Floods And Fires Shaped His View
- Matt Kean recounts paying for the Lismore floods as NSW Treasurer and witnessing Black Summer bushfires.
- Those experiences convinced him the fiscal cost of inaction outweighs the cost of taking action.