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The Conversation
The Conversation
Environment
Tim Nelson, Associate Professor of Economics, Griffith University

The original and still the best: why it's time to renew Australia's renewable energy policy

This article is part of a series by The Conversation, Getting to Zero, examining Australia’s energy transition.

If Australia is to meet its commitment to reduce greenhouse gas emissions to 43% below 2005 levels by 2030, we need to cut emissions faster. Even if all current government policy commitments are achieved – an unlikely outcome given delays in implementation – emissions are still projected to be only 40% below 2005 levels by 2030.

Last year the federal government announced that 82% of all electricity production would come from renewable energy by 2030. This was a crucial step. To have any chance of hitting our overall emission reduction targets, we must speed up the rollout of renewable energy.

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