NSW Aims to Halve Emissions by 2030 as Energy Concerns Mounton September 30, 2021 at 8:08 am

The New South Wales (NSW) government has revamped its climate policy to halve emissions by 2030 amid worries the transition could subvert energy security if planned improperly. NSW initially set forth to reduce emissions below 2005 levels by 35 percent. But it has since upped the target with priorities on accelerating its renewable energy rollout alongside investments in low emissions technologies. The ambition would require an overhaul of the state’s energy sector (responsible for over a third of the state’s emissions) through five “renewable energy zones”—regions where the close proximity of generation, storage, and related infrastructure is set to lower overall costs. The government is laying down $380 million for the task but is relying heavily on the private sector with the hopes of garnering $37 billion of investments over the next decade. The state’s governing coalition of Liberal and National parties heralded the plan, estimating the creation of 9,100 …

Leave a Reply

Your email address will not be published.

Next Post

Australia’s CBA, ANZ Sued in New Zealand for Missed Loan Interest Refunds

Thu Sep 30 , 2021
Two of Australia’s “big four” banks are facing a multi-million dollar claim in New Zealand for not refunding more than 150,000 customers the interest and fee charged following an alleged breach in disclosing changes to loan agreements. The class-action lawsuit said Kiwi units of Commonwealth Bank of Australia and Australia […]
Australia’s CBA, ANZ Sued in New Zealand for Missed Loan Interest Refunds

Chief Editor

Johny Watshon

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur

Quick Links

Newsletter Signup

Sign up now and never miss a thing!

You're Signed Up!

Now that you are signed up, we will send you exclusive offers periodically.