IEEFA: Australia should be a net-zero emissions leader Setting a target of net-zero emissions by 2050 would maximise employment, investment and export opportunities 11 December 2020 (IEEFA Australia): Australia must align itself with the global push to go carbon-neutral to maintain strong trade in a net zero emissions world, the Institute for Energy Economics and Financial Analysis (IEEFA) notes in its submission in support of a new climate change bill before the Australian parliament. The bill, introduced by Zali Steggall, the independent member for Warringah, proposes a national target of reaching net zero emissions by 31 December 2050. “It’s overdue time for Australia to set and legislate an economy-wide target of net-zero emissions by 2050,” say authors Tim Buckley, IEEFA’s director of energy finance studies, Australia/South Asia, and Johanna Bowyer, IEEFA’s lead research analyst for Australian electricity.