THE FEDERAL Government’s new ³Ô¹ÏÍøÕ¾ Net Zero Authority will be crucial to ensure everyone gets to share in Australia’s next era of prosperity as a renewables superpower.
Climate Council CEO Amanda McKenzie said today’s announcement will see Australia grab hold of the huge opportunities for clean, cheap energy and strong new growth industries as the world charges ahead on a trajectory to net zero.
“Australia’s global allies and trading partners are forging ahead with the transition to net zero and it makes perfect sense for Australia to get in the game. Taking strong action now is the best way to ensure Australia captures growing markets for clean energy and low emissions products, to power the next era of our national prosperity,” Ms McKenzie said.
“There is no doubt Australia’s path to net zero requires transformative change. That is why the Climate Council has been for a national authority to oversee Australia’s rapid clean energy transformation.
“Last week the Liddell coal-fired power station went offline. The Victorian and Queensland Governments have announced their plans to fully exit coal power generation. It won’t be long before all coal is retired for good.
“Communities in regions where fossil fuels are being phased out and those in Renewable Energy Zones need a voice, clear plans and strong investment to guide the transformation of their local economies and industries. The ³Ô¹ÏÍøÕ¾ Net Zero Authority can provide important leadership and coordination for this shift.
“The sense of momentum towards a clean future in Australia is inspiring. As well as Federal action, every Australian state and territory – bar the Northern Territory which appears to be stuck in the dark age with last week’s fracking and Beetaloo announcement – is in a race to the front of the clean energy pack.”
The Climate Council would like to see the ³Ô¹ÏÍøÕ¾ Net Zero Authority take an active role in coordinating and agreeing upon realistic closure dates for all Australian coal-fired power generators. This is essential to provide certainty for communities and workers. The Authority should also be planning for the broader, urgent phase down of fossil fuels like coal and gas across Australia as we accelerate the supply of new renewable energy.
