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Labor Introduces a New Renewable Energy Target

The renewable energy industry is one of the fastest-growing industries in Australia, with renewable sources accounting for over 20% of electricity generation. If Labor succeeds in their renewable energy target to reach 50% renewable energy by 2030, this will create more jobs and investment opportunities across the country, while also reducing greenhouse gas emissions.

 

According to the CEC, “The ALP has announced that it will adopt a 43 per cent emissions reduction target for 2030 as part of a suite of policies to take to the Federal Election in 2022.

CEC Director Nicholas Aberle explains. “The electricity sector is the low-hanging fruit of the decarbonisation journey and today’s announcement would put Australia on a stronger path to net-zero.

 

Furthermore, “Critically, the ALP’s plan provides long-term legislative certainty for 2030 and 2050. As Australian states and territories can attest, this gives the green light to renewable energy investors. ClimateWorks data shows that we’re on track for emissions cuts in the range of 37-42 per cent based on state and territory government commitments, so we hope that 43 per cent is a floor on ambition and not a ceiling. Clean Energy Council modeling shows that an energy sector powered by 100 per cent renewables by 2030 can deliver Australia a 44.5 per cent reduction in carbon emissions based on 2005 levels. With committed efforts in other sectors, Australia should be able to over-achieve on the target announced today.”

 

The Clean Energy Council has praised the ALP for their renewable energy target of reaching 50% renewable energy by 2030. This will create more jobs and investment opportunities across the country, while also reducing greenhouse gas emissions. With committed efforts in other sectors, Australia should be able to over-achieve on the target announced.

 

At EFS Solar, we are committed to a cleaner future, and renewable energy sources are what’s going to get us there. With an innovative approach to the renewable energy sector, EFS Solar has revolutionised the business of going solar. EFS delivers a seamless process from initial client contact to installation and aftercare with a company you can trust with a whopping 25-year product warranty guarantee.

 

With exceptional customer service at the company’s pinnacle, our staff can assist you at every step. Our technicians are fully qualified solar designers, installers, and master electricians, so you can rest easy knowing that you are dealing with professionals. We are devoted to and pride ourselves on delivering a seamless renewable energy experience as a team.

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