;

IPCC Report Demands Greater Investment In Clean Energy

A new report from the Intergovernmental Panel on Climate Change (IPCC) urges governments worldwide to make greater investments in clean energy. The report, which was released earlier this year, warns that if we don’t take steps to reduce greenhouse gas emissions, the global average temperature could rise by as much as 2 degrees Celsius by the end of this century. This would have devastating consequences for our planet, so it’s more important than ever that we invest in clean energy sources like solar and wind power.

Renewable energy is here now and has been doing the lion’s share of reducing greenhouse gas emissions in Australia,” said Clean Energy Council Chief Executive, Kane Thornton. “It is a proven technology with enormous potential to reduce carbon efficiently and cost-effectively long into the future.”

“In the leadup to the Federal Election, the Clean Energy Council is advocating for an electricity grid powered by 100 per cent renewable energy by 2030 to deliver emissions reductions of 44.5 per cent based on 2005 levels,” explains Thornton. “This isn’t an ambitious or difficult target; it’s the low-hanging fruit and should be an absolute priority for the next Federal Government.

“Continued policy uncertainty combined with the challenges associated with connecting renewable energy projects to the grid has stunted the pipeline for new large-scale renewable energy projects, with the level of financial commitments falling by more than 17 per cent from $4.5 billion in 2020 to $3.7 billion in 2021. Canberra should be doing everything in its power to facilitate private investment in renewable energy.

“More change is coming. Renewable energy now accounts for 32.5 per cent of Australia’s electricity – a figure that’s almost doubled since 2017 – but now is the time to accelerate clean energy investment with the clock ticking for the fossil fuel industry. It is critical that industry, government, unions and communities work together to manage this inevitable transition so that people and their communities aren’t left behind.”

EFS Solar is leading the way when it comes to clean energy in Australia. But we need to do more if we’re going to meet the IPCC’s targets. That’s why we’re calling on the government to increase its investment in clean energy so that we can make the transition to a low-carbon future.

The time for action is now. We can’t afford to wait any longer. So let’s make the switch to clean energy and create a brighter future for all of us. Contact us to get started.