Labor unveils its climate change policy

Post date: May 13, 2016 1:23:48 AM

The centrepieces are an ambitious pledge to reduce Australia's 2005 levels of carbon emissions by 45 per cent by 2030, and a commitment to net zero emissions by 2050, both in line with what the science requires of us to avoid catastrophic climate disruption.

Key Points:

  1. Making Australia a leading renewable energy economy by ensuring at least 50% of our electricity comes from renewable energy by 2030 and providing certainty and flexibility for the Clean Energy Finance Corporation, more funding for the Australian Renewable Energy Agency and funding community renewables projects.
  2. Cleaner power generation by transitioning from old coal fired power stations to modern clean energy in a orderly fashion with support for workers and communities.
  3. Focusing on jobs and industry by maximising the job opportunities from clean energy and technology.
  4. Reducing pollution through an emissions trading scheme which places a legal cap of emission of the largest polluters through a cap and offsets scheme.
  5. Capturing carbon on the land by reinvigorating the Carbon Farming Initiative to encourage carbon storage in the land and through agriculture, and take decisive action to deal with broad scale land clearing.
  6. Increased energy efficiency by doubling Australia's national energy productivity by 2030 and implementing new emissions standards for motor vehicles.

Learn more here