Fortescue Ltd. Advocates for 75% Emissions Reduction Target to Boost Australia's GDP by $370 Billion

Reuters

Aug 26

Fortescue Ltd. Advocates for 75% Emissions Reduction Target to Boost Australia's GDP by $370 Billion

Fortescue Ltd., in collaboration with Future Group, has announced a business coalition advocating for a 75% emissions reduction target by 2035. The group, supported by over 350 businesses including Atlassian, Canva, and IKEA, aims to influence the Australian government to adopt this target. According to modelling by Deloitte Access Economics, achieving the 75% target could enhance Australia's GDP by $370 billion by 2035 and support an estimated 69,000 additional jobs annually between 2025 and 2035. The coalition argues that this target would position Australia as a key player in the global economy, particularly in the context of a decarbonising world.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortescue Ltd. published the original content used to generate this news brief on August 26, 2025, and is solely responsible for the information contained therein.

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Advocates for 75% Emissions Reduction Target to Boost Australia's GDP by $370 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-26 16:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fortescue Ltd. 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Advocates for 75% Emissions Reduction Target to Boost Australia's GDP by $370 Billion\n    \n\n        Fortescue Ltd., in collaboration with Future Group, has announced a business coalition advocating for a 75% emissions reduction target by 2035. The group, supported by over 350 businesses including Atlassian, Canva, and IKEA, aims to influence the Australian government to adopt this target. According to modelling by Deloitte Access Economics, achieving the 75% target could enhance Australia's GDP by $370 billion by 2035 and support an estimated 69,000 additional jobs annually between 2025 and 2035. The coalition argues that this target would position Australia as a key player in the global economy, particularly in the context of a decarbonising world.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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