Our researchers have examined the @AustralianLabor #poweringAustralia plan and here's their top line assessment:
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1. The 2030 target in the ALP plan sets Australia on a path to achieve net zero in 2050.
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1. The 2030 target in the ALP plan sets Australia on a path to achieve net zero in 2050.
@AustralianLabor 2. Under current policy settings we won’t reach net zero until almost 2100. In fact, the Morrison government’s own modelling shows it would only be reducing emissions by a little more than a half by 2050.
3. Under the ALP plan, renewable energy (like solar and wind) is expected to power 82% of our energy needs by 2030 (up from 68% under a business as usual approach).
4. The modelling and policies are comprehensive and will lead to significant jobs growth and private investment. It would also lower power bills for households and businesses.
But...
5. The 2030 target will need to be strengthened significantly to tackle climate change.
5. The 2030 target will need to be strengthened significantly to tackle climate change.
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