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New Energy World
New Energy World embraces the whole energy industry as it connects and converges to address the decarbonisation challenge. It covers progress being made across the industry, from the dynamics under way to reduce emissions in oil and gas, through improvements to the efficiency of energy conversion and use, to cutting-edge initiatives in renewable and low carbon technologies.
The new Albanese Government’s Climate Change Bill has passed the House of Representatives in Australia – the first climate change legislation in the country for more than a decade – enshrining into law an emissions reduction target of 43% from 2005 levels by 2030 and net zero emissions by 2050.
Bringing together business, industry, unions, farmers, community and conservation groups, it locks in 43% as Australia’s target to reduce emissions and ensures a ‘whole-of-government’ approach to drive towards that target, the government announced.
The Bill ensures accountability through an annual update to Parliament by the Climate Change Minister on the progress being made towards the target and empowers the Climate Change Authority to provide advice to government on future targets.
‘This Bill records the government’s ambition to take the country forward on climate action – and it reflects our determination to bring people with us,’ Prime Minister Anthony Albanese said. ‘It will help open the way for new jobs, new industries, new technologies and a new era of prosperity for Australian manufacturing.’
The Bill will now proceed to the Senate.
Consultation for offshore wind zone
Following news of the Climate Bill, Federal Energy Minister Chris Bowen announced the country’s first offshore wind zone – the Bass Strait off the Gippsland coast in Victoria – one of six regions offering potential for development.
Other areas will follow off the coast of the Hunter Valley and Illawarra in New South Wales, Portland in Victoria, Northern Tasmania, Perth and Bunbury in Western Australia.
The government’s announcement marked the start of a 60-day submission period for the Gippsland zone, during which public views will be collected on the possible effects of such developments in the proposed area.