AUSTRALIA'S greenhouse gas emissions rose 0.5 per cent last year, driven in part by a large jump in iron and steel production as the nation shrugged off the effects of the global financial crisis.
National Greenhouse Gas accounts released yesterday show higher emissions from industrial processes, driven by a 44.3 per cent increase in iron and steel production, overshadowed emissions cut by lower electricity consumption due to a cooler summer in eastern Australia.
While Australia is still on track to meet its 2012 Kyoto Protocol targets -- tracking 3 per cent below the 108 per cent of 1990 emissions commitment to the UN -- the latest figures show how difficult bipartisan commitment to cut emissions 5 per cent below 2000 levels by 2020 will be.
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