Report claims strong global action will benefit Australia's economy

Australia is relatively well placed to do well in a world of comprehensive global efforts to reduce greenhouse gas emissions, Professor Ross Garnaut said today.

Releasing his Interim Report in Adelaide today, Professor Garnaut said that Australia should promote strong global action on climate change and be prepared to match the commitments of other developed nations.

"Contrary to the conventional wisdom which has dominated Australian debate over the past decade, comprehensive global efforts to reduce emissions will play to Australia’s strengths," said Professor Garnaut.

"It is in Australia's interests for the world to adopt a strong and effective position on climate change mitigation."

The Interim Report provides early insights from the Garnaut Climate Change Review’s work to date as a basis for community discussion, before recommendations are finalised for the final reports later in the year.

The Interim Report is available at www.garnautreview.org.au