An orderly transition to a low-emissions economy will require an integrated set of national policies which are technology neutral. These policies must be consistent with Australia’s participation in global agreements, including the Paris Agreement.
QRC supports the Paris Agreement and its emissions reductions goals to limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.
QRC supports action to achieve the commitments under the agreement. QRC supports market-based policies to meet emissions reductions goals. A market-based policy as determined by the Australian Government must:
• Be developed through open and transparent consultation with all stakeholders;
• prioritise least cost abatement;
• maintain industry’s international competitiveness;
• be technology neutral; and
• deliver a clear, predictable and long-term price signal to enable investment in new generation and also to research and deploy the full range of low and zero-emission technologies.
QRC supports the Minerals Council of Australia’s industry ambition to achieve net zero
emissions by 2050.
See in real-time, for each region of Australia’s National Electricity Market (NEM), how much electricity is being generated by each fuel type.
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