Tasmania to make net zero in 2030 law

2021-10-13 03:17:20

Tasmania’s Liberal government plans to legislate a “nation-leading” target of net zero carbon emissions from 2030.

The island state has already achieved the feat in six of the past seven years on the back of its adoption of hydro-electric power and changes in land use as forestry declines.

“This target will be nation-leading and one of the most ambitious in the world,” Premier Peter Gutwein said on Wednesday morning.

The announcement comes on the same day federal cabinet plans to debate details of a plan to achieve net zero emissions by 2050.

The Tasmanian government says the state’s emissions have fallen 108.6 per cent since 1990, while the economy has nearly doubled.

“As our economy and population grows, and the risk of bushfires increases, we cannot rest on our past achievements,” Mr Gutwein said.

“We need to take further climate action to deliver the jobs and investment that will flow from a low emissions economy.”

Tasmania plans to double renewable energy generation, and export green hydrogen by 2030.

Mr Gutwein said investing in emissions reduction would grow the economy by $475 million by 2050 and create more than 1200 jobs.

A draft bill will be open for public consultation for the next five weeks.

The legislation includes a climate action plan and a statewide climate risk assessment every five years.

The state government will develop a framework to ensure government policies consider climate change and set up “reduction and resilience” plans for key industries.

Queensland’s parliament this week backed a target of net zero emissions by 2050.

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Source by [earlynews24.com]