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This discussion paper evaluates the energy policies required to meet Australia’s greenhouse gas emissions reduction targets set by the Abbott Government and pledged at the international climate summit in Paris.
This paper argues that between 18,000 and 59,000 construction and installation jobs could be created if the Australian Energy Market Operator’s Integrated System Plan ‘fast scenario’ on renewable transition is adopted. It would see around 53% of capacity from renewable energy by 2030.
This research shows the Senate crossbench safeguarded $23.4 billion worth of investment in renewable energy from 2013–2018, when it prevented the Coalition Government from abolishing three renewable energy policies (the Clean Energy Finance Corporation, ARENA and the Renewable Energy Target).