ANU experts comment on ALP climate policy »

The Australia Labor Party has announced a new climate change policy ahead of the federal election. The policy outlines higher emissions cuts, a return to limited carbon trading, and a move to 50 per cent renewable energy by 2030. ANU has experts available for comment. Professor Ken Baldwin, Director, ANU Energy Change Institute "The recent signing of the Paris CoP agreement in New York was backed by calls for more rapid and concerted action to reduce damaging climate change. Labor has responded by proposing a much-needed acceleration of Australia's emissions reductions to 45 per cent by 2030 via two essential mechanisms: placing a price on carbon through an Emissions Trading Scheme (ETS), and regulating to achieve 50 per cent renewable electricity by 2030. "In order to undertake the huge investments needed in emissions reduction technology, industry needs long-term certainty in government policy. By creating decadal renewable electricity goals and a well-understood ETS framework, Labor is helping to provide this certainty.