Report by the chief scientist,Alan Finkel, models a clean energy target that would reduce electricity emissions by 28% on 2005 levels Australia’s chief scientist says a novel clean energy target will deliver lower power prices to consumers than the status quo, and but his report also models a scheme with a low target for emissions reduction from the electricity sector.
In his much anticipated review of the national electricity market,Alan Finkel has examined a scheme with an emissions reduction target of 28% on 2005 levels by 2030, rather than the reductions of 60% that some experts say would be essential for Australia to meet its whole-of-economy pollution reduction target under the Paris climate accord. Related: Finkel gives Turnbull a chance to end climate wars but policy may explode on impact | Katharine Murphy Related: Low emissions target: how it would work and why the benchmark figure is a red herring Continue reading...
Source: theguardian.com