1) Do you think Social Security will be a benefit when you are 65? If so, how will it be funded and structured? If not, what will take its place?
2) Explain how Social Security benefits are calculated and how much you need to work each quarter to be eligible for a “credited quarter” of benefits.
The Australian government on the other hand, has a range of environmental policies to minimise the impact of government operations on the environment. There are also agency measures and targets for carbon emissions, energy, waste and resource use, as well as set mandatory environmental standards for incorporating sustainability into government procurements. However, like China, they seem to be needing some rethinking or modification. Australia’s emissions from fossil fuels and industry continue to rise, and based on the most recent quarterly inventory, are now 6% above 2005 levels and increasing at around 1% since 2014. Under current policies and taking into account the previous increase in levels of carbon emissions, Australia is headed for an increase of 9% above 2005 levels by 2030, rather than the 15-17% decrease required to meet the Paris Agreement target. Furthermore, as seen in the stimulus, the Australian Government has set a target to ‘reduce emissions by 26-28% below its 2005 levels by 2030 through a credible policy suite that is already reducing emissions, encouraging technological innovation and expanding our clean energy sector.’ Thus, to conclude, Australia ratified the Paris Agreement on 6 November 2016. Its Nationally Determined Contribution (NDC), includes a target of reducing GHG emissions, including land use, land use change and forestry (LULUCF), by 26–28% below 2005 levels by 2030. However, current policies are projected to increase GHG emissions excluding LULUCF by about 9% above 2005 levels by 2030, relating highly to China’s extreme levels of CO2 emissions. The Human Development Index (HDI) is a summary measure for assessing long-term progress in three basic dimensions of human development: a long and healthy life, access to knowledge and a decent standard of living. China’s HDI value is 0.752 (2017), which puts the country in the high human development category at 86 out of 189 countries and territories, shared with Ecuador. Between 1990 and 2017, China’s HDI value increased from 0.502 to 0.752, an increase of 49.7%. Between 1990 and 2017, China’s life ex>GET ANSWER