The Australian Energy Council (AEC) has today become the latest significant business body to commit to net zero emissions by 2050.
In adopting net zero emissions by 2050, the AEC joins seventy-three nations, every state and territory in Australia, the Australian Industry Group, the Business Council of Australia, our biggest airline, our biggest mining company, our biggest bank, our biggest telecommunications provider, and countless experts and scientists.
This shows just how out of step Scott Morrison is with both scientists and Australian business.
Unlike the PM, the AEC have listened to scientists like the CSIRO who have advised that adopting net zero emissions will lead to stronger economic growth, higher real wages, and lower energy bills.
Chief Executive Sarah McNamara said, “The first step to reducing carbon emissions is agreement on a long-term target which can act as the starting point for constructive consensus.
“Settling on an economy-wide target will let us then decide the best ways to get there and what policy and mechanisms could be applied.”
This follows the release of new research by the University of Technology Sydney which shows continuing the Morrison Government’s energy policy vacuum will cost 11,000 renewable energy jobs by 2022.
Yet just yesterday the Government dismissed out of hand Labor’s genuine offer to develop a bipartisan energy investment framework that will support new investment, bring power prices down, and deliver new jobs.
The Morrison Government listened to the scientists when it came to our response to COVID-19. They need to listen to the scientists on climate change.
THURSDAY, 25 JUNE 2020