The Queensland Government is set to lock in a new emissions reduction target of 75% below 2005 levels by 2035, in a plan to bridge a gap between regional QLD and the city.
- Queensland Government is set to introduce legislation to lock in a new emissions reduction target of 75% below 2005 levels by 2035.
- The new target will create certainty for industry and bridge the gap between regional Queensland and the city
- The new target will support industry growth, attract greater investment in renewables and generate lasting benefits, especially in the regions.
Premier Steven Miles has revealed the State Government’s plan to legislate a new emissions target – 75 per cent by 2035.
75 per cent by 2035 is an achievable target that will support industry growth, attract greater investment in renewables and generate lasting benefits, especially in the regions.
In turn, every Queenslander will have greater access to cheaper, cleaner energy.
My Government will work hard for Queenslanders whether you live in our regions, our suburbs or the inner city,” says Queensland Premier Steven Miles.
“By legislating this target we are making a very clear statement to the world that Queensland is the place to do business if you’re looking to use clean energy to create prosperity,” says Queensland Premier Steven Miles.
“By legislating this target, we will create certainty for industry and bridge the gap between the city and the bush,” says Queensland Premier Steven Miles.
“Our commitment will help drive a new wave of low carbon economic growth and investment across Queensland, particularly in the regions where we are already an industrial powerhouse.
“This announcement is only possible because of the landmark Queensland Energy and Jobs plan, which will see 80 per cent of our energy generated by renewables in 2035,” says Queensland Premier Steven Miles.
The move to legislate a landmark emissions reduction target will ensure Queensland can capitalise on new energy and investment opportunities, while keeping energy assets in the hands of Queenslanders.
Importantly, it will drive the creation of good jobs in the industries of the future.
“75 by 35 creates investment certainty for industry and lays the foundation for our transition to a stronger decarbonised economy,” says Deputy Premier and Minister for Trade and Investment Cameron Dick.
“It allows us to utilise our abundant sun and wind to allow Queensland to become the natural home for more heavy, low emissions industries,” says Deputy Premier and Minister for Trade and Investment Cameron Dick.
The 75 per cent target also strengthens the work set out in the Queensland Climate Action Plan and Queensland Energy and Jobs Plan, which maps the states pathway to net zero by 2050.
Queensland is on track to exceed our 2030 target, with emissions reductions from 2005 levels already at 29 per cent.
“We are on track to meet 2030 emission reduction targets – a 30 per cent reduction in emissions based on 2005 levels – more than five years earlier than projected,” says Minister for the Environment and the Great Barrier Reef, Minister for Science and Minister for Multicultural Affairs, Leanne Linard.
“A credible new emissions target range, backed by legislation, shows Queensland is serious about addressing climate change and protecting our world-class environment and vibrant communities through real action,” says Minister for the Environment and the Great Barrier Reef, Minister for Science and Minister for Multicultural Affairs, Leanne Linard.
Legislation will also seek to establish of an expert panel to set a credible pathway to net zero and five yearly targets until 2050, with annual progress reporting to Parliament.
Queensland is already exposed to severe weather, from droughts, to floods, cyclones and bushfires, which could increase in severity without these important emissions reduction measures.
Queensland decarbonisation initiatives include:
- New solar, wind and pumped hydro renewable energy projects, set out in the Queensland Energy and Jobs Plan
- A commitment to deliver 50% renewable energy by 2030, 70% by 2032, and 80% by 2035
- New Industry Development Strategy backed by a $200 million investment in the Regional Economic Futures Fund
- The $500 million Low Emissions Investment Partnerships Program
- A $55 million package through the Queensland Electric Vehicle Strategy
- The Low Emissions Agriculture Roadmap
- A $9.8 million Improved Vegetation Management Compliance Program, and
- A $245 million investment through the Queensland Critical Minerals Strategy.
Wind farms operate by utilising the kinetic energy of wind and converting it into electrical energy using wind turbines.
According to the New Climate Energy Finance (CEF) report, Queensland is on track to deliver its renewables targets as clean energy replaces coal.