The Labor Party's high level Energy Policy
23/05/2022
Government policies can have an impact on the strategies we employ for our clients.
Labor's Powering Australia plan
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Upgrade the electricity grid to fix energy transmission and drive down power prices.
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Make electric vehicles cheaper with an electric car discount and Australia’s first National Electric Vehicle Strategy.
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Adopt the Business Council of Australia’s recommendation for facilities already covered by the Government’s Safeguard Mechanism that emissions be reduced gradually and predictably over time, to support international competitiveness and economic growth – consistent with industry’s own commitment to net zero by 2050.
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Protect the competitiveness of Emissions Intensive Trade Exposed industries by ensuring they will not face a greater constraint than their competitors.
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Allocate up to $3 billion from Labor’s National Reconstruction Fund to invest in green metals (steel, alumina and aluminium); clean energy component manufacturing; hydrogen electrolysers and fuel switching; agricultural methane reduction and waste reduction.
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Provide direct financial support for measures that improve energy efficiency within existing industries and develop new industries in Regional Australia through a new Powering the Regions Fund.
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Roll out 85 solar banks around Australia to ensure more households can benefit from rooftop solar.
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Install 400 community batteries across the country.
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Demonstrate Commonwealth leadership by reducing the Australian Public Service’s own emissions to net zero by 2030.
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Invest in 10,000 New Energy Apprentices and a New Energy Skills Program.
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Establish a real-world vehicle fuel testing program to inform consumer choice.
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Work with large businesses to provide greater transparency on their climate related risks and opportunities.
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Re-establish leadership by restoring the role of the Climate Change Authority, while keeping decision-making and accountability with Government and introducing new annual Parliamentary reporting by the Minister.
