Chris Bowen is scheduled to present the most recent emissions scorecard from the Department of Climate Change and Energy to Parliament on Nov. 28. The updated forecast for Australia’s emissions reduction now stands at 42.6 percent below 2005 levels by 2030, an improvement from 37 percent last year.
Climate Change Minister Chris Bowen highlighted in various media interviews that the government’s policies are progressing towards meeting the emissions targets. He emphasized that while there is still work to be done, the current trajectory indicates that the goals set at the election are being met.
Bowen also discussed the government’s advancement in renewable energy generation, aiming to reach 82 percent of electricity from renewables by 2030. He noted a significant increase in investment in renewable energy and highlighted the substantial investment pipeline equivalent to two-thirds of the existing National Energy Market.
Looking ahead to the 2035 emissions targets, Bowen confirmed that the government will rely on independent advice from the Climate Change Authority. He expressed confidence in Australia’s position to capitalize on global shifts in the energy market, seeing opportunities in the challenges presented.
The Opposition raised concerns about delays in announcing emissions targets, with Deputy Opposition Leader Sussan Ley questioning the government’s transparency and potential impact on energy costs for families. Prime Minister Anthony Albanese defended the government’s approach, citing legislation that enshrines emissions targets and the global trend towards renewable energy.
Overall, the government remains committed to addressing climate change and promoting renewable energy as a cost-effective and sustainable energy source. Bowen emphasized the government’s achievements in implementing safeguards, legislating vehicle emissions standards, and other initiatives that contribute to a cleaner and more sustainable future.
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