Queensland Premier Steven Miles has announced a State Government plan to legislate a new emissions target of 75 per cent by 2035.
Mr Miles said that target would support industry growth, attract greater investment in renewables and generate lasting benefits, especially in the regions. In turn, every Queenslander would have greater access to cheaper, cleaner energy.
The Premier said the move would also ensure Queensland could capitalise on new energy and investment opportunities and drive the creation of good jobs in emerging industries.
The target also supports the Queensland Energy and Jobs Plan, which maps the state’s pathway to net zero by 2050.
“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,” Mr Miles said.
“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.
“This announcement is only possible because of the landmark Queensland Energy and Jobs Plan, which will see 80 per cent of our energy generated by renewables in 2035.”
Queensland decarbonisation initiatives include:
- new solar, wind and pumped hydro renewable energy projects, set out in the Queensland Energy and Jobs Plan
- a commitment to deliver 50% renewable energy by 2030, 70% by 2032 and 80% by 2035
- New-Industry Development Strategy backed by a $200 million investment in the Regional Economic Futures Fund
- the $500 million Low Emissions Investment Partnerships Program
- a $55 million package through the Queensland Electric Vehicle Strategy
- the Low Emissions Agriculture Roadmap
- a $9.8 million Improved Vegetation Management Compliance Program, and
- a $245 million investment through the Queensland Critical Minerals Strategy