The Queensland Premier, Steven Miles, has announced the State Government’s plan to implement a new emissions target to work alongside the state’s net zero by 2050 pathway.
The new target is set to be 75 per cent emission reduction by 2035.
The State Government has said that 75 by 35 is achievable and will support industry growth, attract greater investment in renewables and generate lasting benefits, especially in the regions.
In turn, every Queenslander will have greater access to cheaper, cleaner energy.
The State Government has said that the move to legislate a landmark emissions reduction target will ensure Queensland can capitalise on new energy and investment opportunities and that it will drive the creation of good jobs in the industries of the future.
The 75 per cent target also builds on the work set out in the Queensland Climate Action Plan and Queensland Energy and Jobs Plan, which maps the state’s pathway to net zero by 2050.
Queensland is on track to exceed its 2030 target, with emissions reductions from 2005 levels already at 29 per cent.
Legislation will also seek to establish an expert panel to set a credible pathway to net zero and five yearly targets until 2050, with annual progress reporting to Parliament.
Mr Miles said that by legislating this target the State Government is 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.
“By legislating this target, we will create certainty for industry and bridge the gap between the city and the bush,” 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.
“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 per cent of our energy generated by renewables in 2035.”
Queensland Deputy Premier and Minister for Trade and Investment, Cameron Dick, said that 75 by 35 creates investment certainty for industry and lays the foundation for the transition to a stronger decarbonised economy.
“The Queensland Energy and Jobs Plan is the most comprehensive blueprint of its kind in Australia,” Mr Dick said.
“It allows us to utilise our abundant sun and wind to allow Queensland to become the natural home for more heavy, low emissions industries.
“As Australia’s most carbon-intensive economy, Queensland has a vital role to play in reducing emissions, and all levels of government will need to play their part.”
Queensland Minister for the Environment and the Great Barrier Reef, Minister for Science and Minister for Multicultural Affairs, Leanne Linard, said that the State Government believes the science on climate change and has been taking action to respond.
“We are on track to meet 2030 emission reduction targets – a 30 per cent reduction in emissions based on 2005 levels – more than five years earlier than projected,” Ms Linard said.
“Today our government has taken an important next step in Queensland’s journey to net zero emissions.
“A credible new emissions target range, backed by legislation, shows Queensland is serious about addressing climate change and protecting our world-class environment and vibrant communities through real action.”
