The latest bulletin from Frontier Economics (Asia-Pacific), Easy Target, looks at the contribution of renewable energy in achieving Australia’s emissions target.
Energy policy, particularly in the area of renewable energy sources, has been something of a football game in Australian politics, albeit with alternating positions, abrupt changes of tactics, and moving goalposts. State and Federal governments have not had a cohesive strategy in this regard. Despite this, it appears that Australia will be on track to meet the emissions target set out in the Paris Agreement, due to the increasing use of renewable energy by the states.
Easy Target examines how this will occur and suggests that the federal government ought to develop an integrated energy policy and revisit the idea of an emissions intensity scheme.
Danny Price, managing director of Frontier, was interviewed by the ABC’s national AM radio show, regarding this bulletin.
