Time for a Circuit Breaker in Carbon & Energy Policy
Australia needs to “get its house in order” on energy and carbon frameworks, if it is to meet the Australian Government’s post 2020 emissions targets announced today without unnecessary costs to energy customers.
Energy Networks Association Chief Executive Officer, John Bradley, said Australia’s energy system could meet or exceed the Government’s emissions reduction targets of 26-28% below 2005 levels by 2030, but the cost to energy customers would be high if policy frameworks were not fixed.
“Australia’s electricity networks are vital to meeting and beating these targets – by connecting new renewable sources of supply, allowing the phase out of emission intensive generation and unlocking benefits of small and large solar, storage and demand management.