Bill Shorten

Labor Party to commit to 50% federal Renewable Energy Target by 2030

by Solar Choice Staff on 22 July, 2015

in Solar and Renewable Energy Policy,Solar Choice News,Federal Government solar incentives,Renewable Energy Target

The Australian Labor Party will announce a commitment to supporting a Renewable Energy Target of 50% by the year 2030, according to an article in the Sydney Morning Herald and a press release from the Australian Solar Council.

If enacted, this ambitious goal would build on the existing target of 20% renewables by 2020 and accelerate renewables growth dramatically between 2020 and 2030.

Solar Council executive John Grimes called the ALP’s move “a game changer for Australia’s economy.”

“50% renewables by 2030 will ensure Australia takes advantage of the biggest economic opportunity our country has ever seen – the unstoppable global transition to a clean energy future,” he said.

The RET – originally introduced under the Howard government and strengthened by the ensuing Labor governments – has until recently been under attack from the current federal government, who sought to reduce the 2020 goal from 41,000 gigawatt-hours (GWh) to a ‘floating’ target based on annual electricity demand forecasts.

In the end, a compromise of 33,000GWh (about 23%) was struck, although the government still seems set on finding ways to curtail the development of large-scale projects – particularly wind farms.

The Solar Council – in conjunction with advocacy groups like Solar Citizens – have managed to give a clear, unified voice to renewable energy supporters, and have been instrumental in influencing the political discourse around the Target.

© 2015 Solar Choice Pty Ltd

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