ClimateWorks Australia today welcomed the Queensland Government setting a target of net zero emissions by 2050.
ClimateWorks Australia Acting CEO, Meg Argyriou said the new net zero emissions target would help drive investment, create jobs and cut carbon emissions.
“Over 80 per cent of Australia’s emissions are now covered by a target of net zero emissions by 2050.
Queensland has joined South Australia, Australian Capital Territory, Victoria, New South Wales, and Tasmania in setting targets or goals of net zero emissions by 2050.
“By setting a net zero emissions target, the Queensland Government is helping businesses and investors to understand opportunities that will arise. They allow governments and businesses to make sensible policy and investment decisions to avoid lock-in of high emissions and stranded assets. This reduces costs.” she said.
“Our research shows that a net zero emissions target by mid-century is achievable, while still growing the economy and using technologies that currently exist.”
“We are now calling on the Commonwealth Government to build on the net zero emissions goals of the states and territories and announce a national goal of net zero emission by 2050.
ClimateWorks Australia has strongly supported Queensland in its work to set a net zero emissions reduction target.
For reference, the technical report can be found here:
Media Contact: Aileen Muldoon 0419 112 503
*ClimateWorks Australia is an expert, independent adviser, committed to helping Australia transition to net zero emissions by 2050. It was co-founded through a partnership between The Myer Foundation and Monash University and works within the Monash Sustainable Development Institute.