Summary Australia’s Clean Energy Plans
The federal government of Australia has developed a comprehensive Clean Energy Plan to address in the impending effects of global warming and to prevent any serious setbacks that it can bring because of continuous human intervention to the natural flow of life and our heavy carbon emissions.
The Clean Energy Plan has four major elements to achieve its goals namely, carbon tax, renewable energy sources, energy efficiency and action on the land.
The Need for Action
The comprehensive plan of the government was driven because of the factual effects of global warming are starting to surface and scientist believed that our environment and economy will be hit hard by this unnatural climate patterns.
The government has also identified that cutting our carbon emissions will ensure the continued prosperity of the country as nation and the consequences of not acting now are greater than what it will cost if addressed now.
Goals
Ultimately the goal of the country is to reduce its carbon emissions by 23% by 2020 and more than 80% in the year 2050 while doing its fair share in reducing global emissions.
Why Tax Carbon?
Aside from being one of the fundamental part of the overall plan putting a price on carbon is one of the most environmental and economical friendly ways in reducing national emissions.
The carbon tax mechanism will start on July 1 2012, the tax will create powerful incentives for business to reduce their carbon emissions and invest on renewable energy sources especially with the prices of solar panels in Australia continues to plunge. The carbon tax package will also pave way to bright new ideas in the renewable energy field.
Supporting the Country
As the carbon tax is implemented and the country undergoes transition towards a clean energy future the federal government of Australia will deliver support groups and financial assistance to households and jobs.
A generous tax cut will be offered to households (depending on your economic status and capabilities) and increases in pensions and allowances. The tax cuts will eventually increase over the past few years paralleling the effects of carbon tax it with the tax threshold.
Over $9 billion was allotted to support jobs during the transition period under the Jobs and Competitiveness Program.
The Role of Renewable Energy Investments
By tapping into renewable forms of energy Australia will decrease its carbon emissions significantly. The country is blessed with world class scientist to innovate and develop current technologies and discover new breakthroughs.
Sources like solar, wind and geothermal energy will play an essential role in the overall plan and the federal government will provide financial assistance both for research and applications.
The controversial Clean Energy Finance Corporation will have an initial seed of $10 billion that will be invested in renewable energy and low carbon technologies.
While CEFC is on the actual application of the technology, the Australian Renewable Energy Agency (ARENA) will lead the research, development, demonstration and commercialisation of potential sources.
Currently local governments have done their part by implementing various solar bonuses and schemes that increased the industry by several folds and boosted the solar capacity of the country.
Energy Efficiency
By using energy wisely and more efficiently the country can lower its carbon emissions without any major investments done. By discovering ways of saving energy and informing the public about it Australia will have a supportive measure to renewables.
The Prime Minister has created a task force on energy efficiency to monitor and examine the most economical ways and best practices to save energy and help households from the rising energy prices.
Supporting the Agriculture Sector
The fourth element of the Clean Energy plan has the same bearing that of the first 3, the government has identified the agricultural sector as the most vulnerable as the climate shifts and the effects of unmitigated carbon.
If so, consequences will have a chain reaction in the country affecting food supply and raw materials for various products. To prevent this from happening the government has dedicated enough funds to assist farmers as the effects of carbon tax are felt.
A Carbon Farming initiative was also formed to grant rewards to farmers and land owners that stride to reduce their carbon emissions.
Various biodiversity plans were also developed by the government to prevent chaos in the sector and to help it prosper even with the ongoing transition.
The Clean Energy Plan has four major elements to achieve its goals namely, carbon tax, renewable energy sources, energy efficiency and action on the land.
The Need for Action
The comprehensive plan of the government was driven because of the factual effects of global warming are starting to surface and scientist believed that our environment and economy will be hit hard by this unnatural climate patterns.
The government has also identified that cutting our carbon emissions will ensure the continued prosperity of the country as nation and the consequences of not acting now are greater than what it will cost if addressed now.
Goals
Ultimately the goal of the country is to reduce its carbon emissions by 23% by 2020 and more than 80% in the year 2050 while doing its fair share in reducing global emissions.
Why Tax Carbon?
Aside from being one of the fundamental part of the overall plan putting a price on carbon is one of the most environmental and economical friendly ways in reducing national emissions.
The carbon tax mechanism will start on July 1 2012, the tax will create powerful incentives for business to reduce their carbon emissions and invest on renewable energy sources especially with the prices of solar panels in Australia continues to plunge. The carbon tax package will also pave way to bright new ideas in the renewable energy field.
Supporting the Country
As the carbon tax is implemented and the country undergoes transition towards a clean energy future the federal government of Australia will deliver support groups and financial assistance to households and jobs.
A generous tax cut will be offered to households (depending on your economic status and capabilities) and increases in pensions and allowances. The tax cuts will eventually increase over the past few years paralleling the effects of carbon tax it with the tax threshold.
Over $9 billion was allotted to support jobs during the transition period under the Jobs and Competitiveness Program.
The Role of Renewable Energy Investments
By tapping into renewable forms of energy Australia will decrease its carbon emissions significantly. The country is blessed with world class scientist to innovate and develop current technologies and discover new breakthroughs.
Sources like solar, wind and geothermal energy will play an essential role in the overall plan and the federal government will provide financial assistance both for research and applications.
The controversial Clean Energy Finance Corporation will have an initial seed of $10 billion that will be invested in renewable energy and low carbon technologies.
While CEFC is on the actual application of the technology, the Australian Renewable Energy Agency (ARENA) will lead the research, development, demonstration and commercialisation of potential sources.
Currently local governments have done their part by implementing various solar bonuses and schemes that increased the industry by several folds and boosted the solar capacity of the country.
Energy Efficiency
By using energy wisely and more efficiently the country can lower its carbon emissions without any major investments done. By discovering ways of saving energy and informing the public about it Australia will have a supportive measure to renewables.
The Prime Minister has created a task force on energy efficiency to monitor and examine the most economical ways and best practices to save energy and help households from the rising energy prices.
Supporting the Agriculture Sector
The fourth element of the Clean Energy plan has the same bearing that of the first 3, the government has identified the agricultural sector as the most vulnerable as the climate shifts and the effects of unmitigated carbon.
If so, consequences will have a chain reaction in the country affecting food supply and raw materials for various products. To prevent this from happening the government has dedicated enough funds to assist farmers as the effects of carbon tax are felt.
A Carbon Farming initiative was also formed to grant rewards to farmers and land owners that stride to reduce their carbon emissions.
Various biodiversity plans were also developed by the government to prevent chaos in the sector and to help it prosper even with the ongoing transition.
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