Queensland Premier Steven Miles has revealed the state government’s plan to legislate a new emissions target – 75% by 2035.
The government said 75% by 2035 is an achievable target that will support industry growth, attract greater investment in renewables and generate lasting benefits, especially in the regions. In turn, every Queenslanders will have greater access to cheaper, cleaner energy.
The move to legislate a landmark emissions reduction target will ensure Queensland can capitalise on new energy and investment opportunities, while keeping energy assets in the hands of Queenslanders.
Importantly, it will drive the creation of good jobs in the industries of the future.
The 75% target also strengthens the work set out in the Queensland Climate Action Plan and Queensland Energy and Jobs Plan, which maps the states pathway to net zero by 2050.
Queensland is on track to exceed its 2030 target, with emissions reductions from 2005 levels already at 29%.
Legislation will also seek to establish of an expert panel to set a credible pathway to net zero and five yearly targets until 2050, with annual progress reporting to Parliament.
Queensland is already exposed to severe weather, from droughts, to floods, cyclones and bushfires, which could increase in severity without these important emissions reduction measures.
“By legislating this target we are making a very clear statement to the world that Queensland is the place to do business if you’re looking to use clean energy to create prosperity,” Miles said.
“By legislating this target, we will create certainty for industry and bridge the gap between the city and the bush. Our commitment will help drive a new wave of low carbon economic growth and investment across Queensland, particularly in the regions where we are already an industrial powerhouse.”
“We have already made great progress on Queensland’s path to net zero, but today our government takes another big step.
“This announcement is only possible because of the landmark Queensland Energy and Jobs plan, which will see 80% of our energy generated by renewables in 2035.”
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