An international group called the Organization for Economic Co-operation and Development (OECD) released a damaging report on Australia’s energy policies, placing doubts that the government will reach its carbon reduction targets by 2030.
Australia previously agreed to cut carbon emissions by around 26 percent by the year 2030. Although the country will likely reach the carbon goals it set by 2020, the OECD claims they will not hit their target in 2030.
“The country will fall short of its 2030 emissions target without a major effort to move to a low-carbon model,” the report explained. “Australia should consider pricing carbon emissions more effectively and doing more to integrate renewables into the electricity sector.”
The OECD is an international organization comprised of 36 countries that aims to encourage sustainable economic growth. According to The Sydney Morning Herald, the group’s climate study contends that Australia is unique in that its greenhouse gases have actually increased over the past 10 years.
The group also contends that Australia is far from reaching any of its emissions goals by the target date of 2030. The report suggested that Australia should price emissions better and incorporate more renewable energy sources into its long-term plans.
Although Australia has an uphill battle if it wants to meet its goals by 2030, it has made some progress over the past few years. This includes using more natural gas instead of coal and relying more on renewable energy sources for electricity. Unfortunately, these efforts have done little to curb the rise in carbon emissions.
Despite lowering its reliance on coal, Australia still uses non-renewable energy sources for most of its electricity. The government also supports the consumption of certain fossil fuels, which contribute greatly to carbon emissions throughout the country. That said, use of renewable energy sources is on the rise, which is definitely a good sign.
In response to the negative report, Australia’s Environment Minister, Melissa Price, claims that the country is on pace to meet its carbon goals by the year 2030. Even if the current policies are not enough to reduce carbon by 26 percent, the fact that they are scalable has Price convinced that the goal will eventually be met.
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