Scott Morrison has pledged to protect the industry as Australia heads toward“as quickly as passively and preferably by 2050”. The energy mix would have to change over the next 30 years to get there, but this would not be achieved through imposts on business. “We are going to meet our ambitions with the smartest minds, the best technology, and the animal spirits of our business community,” he told a Business dinner on Monday night.
Mr. Morrision pointed to the nation’s energy and farming sectors, championing entrepreneurialism and innovation, saying, “We’re not going to achievein the cafes, dinner parties, and wine bars of our inner cities”.
“It will be won in places like the Pilbara, the Hunter, Gladstone, Portland, Whyalla, Bell Bay, the Riverina. In the factories of our regional towns and outer suburbs.”
“That’s where the road to net zero is being paved in Australia,” he added.
Mr. Morrison will speak at a US virtual climate summit convened bythis week.
19 March: Underwater climate protest held in Saya de Malha
The US and China – the world’s two biggest carbon polluters – recently agreed to cooperate to curb. Meanwhile, Anthony Albanese attempts to cast doubt on the ability to handle renewable energy technology, pointing to the national broadband network.
The NBN is expected to cost $57 billion, close to double what the coalition initially promised due to changes in materials used.
TheAustralia cannot make the same “technological misadventure” with the transition to clean energy.
“We must not repeat this mistake regarding renewable energy,” he will tell a virtual summit on Tuesday.
“We need to be at the front of the pack, not well behind the pace.”
Mr. Albanese says low-cost electricity from renewables will help businesses grow to hire more Australians.
20 February: The United States officially rejoins the Paris climate agreement
“With the right policy settings, falling power prices will act as a catalyst for a revival of the Australian manufacturing industry.”
Theis using the same argument but in a bid to justify expanding the gas industry.
Rather than, Mr. Albanese says their future is based on .
“Labor respects existing resource export industries for the jobs they provide to Australians,” he will.
“Decisions about the long-term future of those industries will be made in the boardrooms of Tokyo, Beijing, Seoul, and New Delhi.”
But he says renewables represent the future.
“We must use cheap,to maintain existing energy-intensive industries, like aluminum and steel, and also develop new opportunities that have not previously been viable.”
Labor’s climate and energy policies so far include a $15 billion National Reconstruction Fund, a $20 billion project to update Australia’s power transmission lines, $200 million for community batteries, and tax reforms to lower the cost of.
The opposition has not yet announced its roadmap for achieving net-zero greenhouse gas emissions by 2050, which is expected to include a target for 2030.