Queensland Premier, Steven Miles, has unveiled the government’s plan to legislate a new emissions reduction target of 75 per cent by 2035.
Premier Miles said 75 per cent by 2035 is an achievable target that will support industry growth, attract greater investment in renewables and generate lasting benefits, especially in regional areas, and will also provide Queenslanders with greater access to cheaper, cleaner energy.
The government said the move to legislate the new target will ensure Queensland can capitalise on new energy and investment opportunities, while keeping energy assets in the hands of Queenslanders and driving the creation of good jobs in the industries of the future.
The 75 per cent target supports the work set out in the Queensland Climate Action Plan and Queensland Energy and Jobs Plan, which map the state’s pathway to net zero by 2050.
Queensland is on track to exceed its 2030 target for emissions reductions, with levels already at 29 per cent lower than those from 2005.
The legislation will also seek to establish an expert panel to set a pathway to net zero and five yearly targets until 2050, with annual progress reporting to Parliament.
Queensland is already exposed to severe weather, from droughts, to floods, cyclones and bushfires, which the government said could increase in severity without emissions reduction measures.
Premier Miles said, “My government will work hard for Queenslanders whether you live in our regions, our suburbs or the inner city.
“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.
“By legislating this target, we will create certainty for industry and bridge the gap between the city and the bush.
“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.
“Today, we are securing Queensland’s position as a global leader and establishing a lasting legacy for our state,” Mr Miles said.
Deputy Premier and Minister for Trade and Investment, Cameron Dick, said, “75 by 35 creates investment certainty for industry and lays the foundation for our transition to a stronger decarbonised economy.
“The Queensland Energy and Jobs Plan is the most comprehensive blueprint of its kind in Australia.
“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,” Mr Dick said.
Minister for the Environment and the Great Barrier Reef, Minister for Science and Minister for Multicultural Affairs, Leanne Linard, said, “Our 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.
“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,” Ms Linard said.
