Setting responsible and achievable targets
Tasmania currently has a legislated target of reducing greenhouse gas emissions to 60 per cent below 1990 levels by 2050, which has already been met.
The Tasmanian Government has committed to amending the Climate Change State Action Act 2008 to have a net zero emissions reduction target by 2050.
Labor believes that we can aim higher, with a net zero emissions reduction target of 2035. By working towards a target of net zero emissions by 2035, Tasmania can demonstrate its leadership in emissions reduction and potentially become an emissions sink for the rest of the country.
In order to achieve this goal we will work collaboratively with our major emitters to identify abatement opportunities and support them to reduce their emissions building on the work being undertaken by Sustainable Living Tasmania through the Climate Solutions project.
Distributed Energy Target
The future of energy is changing rapidly. The steady reduction in cost of battery storage and solar panels is making it possible for more and more individuals and businesses to generate and use their own energy.
Labor wants to put control back into the hands of energy users by enabling the development of distributed energy. Distributed energy, or on-site generation, refers to small-scale renewable energy installations that provide power to an immediate area, as well as feeding into the grid.
These installations offset power costs to connected homes or businesses, but can also supply the grid during times of peak demand. The most common form of small-scale generation is residential rooftop solar.
Labor will set a Distributed Energy Target to increase distributed energy installations by more than 80 per cent from 120MW to 220MW by 2022.
The target will stimulate up to 5000 installations per year and create up to 1500 new jobs.
Labor will reinvest $25 million in dividends from TasNetworks to fund a range of initiatives to take advantage of technological advances in renewable energy generation and storage.
To support the Distributed Energy Target, Labor will commission the Economic Regulator to review solar feed-in tariffs.
With the grandfathered feed-in tariff due to expire this year, it is prudent to conduct a review to establish a new sustainable tariff that supports an increase in solar uptake, without distorting prices for other users.