Written by Squadron Energy |
Squadron Energy welcomes the findings from Australia’s second Annual Climate Change Statement tabled by Minister for Energy, Chris Bowen in Parliament today.
“While it’s clear significant progress has been made, today’s report shows we must work quickly to transform Australia’s energy future, ensuring we support communities as we move forward in Australia’s renewable energy rollout,” said Squadron Energy CEO Jason Willoughby.
It is however encouraging to see progress being made in reducing electricity sector emissions and Squadron Energy is proud to be playing a leading role in this transition.
Squadron Energy’s renewable energy generation has abated more than 2 million tonnes of carbon into the atmosphere this year alone.
“Replacing ageing and unreliable coal-fired generation with firmed renewable energy is key to bringing affordable, reliable and clean electricity to Australian households and businesses.”
Squadron Energy also welcomes the successful passage of the NSW Government’s Climate Change (Net Zero Future Bill) 2023 through both houses of parliament today.
“By enshrining emissions targets into law and establishing an independent Net Zero Commission, the NSW Government is sending a clear investment signal across the economy,” said Mr Willoughby.
Squadron Energy strongly endorses the NSW Government’s ambitious targets of a 50% reduction in emissions by 2030, a 70% reduction by 2035, and the ultimate goal of achieving net-zero emissions by 2050.
Squadron Energy welcomes the establishment of a Net Zero Commission, which will be an independent, expert body responsible for monitoring, reviewing and reporting on the state's progress toward achieving net-zero emissions.
Squadron Energy is committed to working with all states and territories to transition our energy system to meet emission reduction targets and deliver clean, reliable and affordable electricity.
