Turnbull’s national energy guarantee could have 'no meaningful emission reduction’

The Turnbull government’s national energy guarantee will deliver no meaningful emissions reductions in its own right unless the proposed 2030 target for Australia’s electricity sector is made more ambitious, according to new research.

Malcolm Turnbull’s government is under pressure to
adopt a more ambitious national energy guarantee. 

Data on renewables compiled by Green Energy Markets and funded by the progressive activist group GetUp indicates the capacity of renewable projects now under construction already exceeds what is required to achieve the 2030 Neg target of a 26% cut on 2005 levels by 2030.

The report draws on economic modelling undertaken for the Energy Security Board to note that an additional 9,271 megawatts of wind and solar will be required in the national electricity market to deliver the Neg emissions reduction target.

Read Katherine Murphy’s story from The Guardian - “Turnbull’s national energy guarantee could have 'no meaningful emission reduction’,”