TRANSFORMING VICTORIA’S ENERGY FUTURE – BATCHELOR

TRANSFORMING VICTORIA’S ENERGY FUTURE – BATCHELOR

Posted on 18. Jun, 2010 in Greening Victoria

The Brumby Labor Government today released a discussion paper setting the scene for how Victoria will cut greenhouse gas emissions, switch to more renewable energy supplies and create a climate change economy over the next decade and beyond.

Energy and Resources Minister Peter Batchelor said Victoria’s Energy Future was the start of a conversation with the community about what action was needed to move the State from its historic reliance on coal-fired power to a cleaner and greener future.

Victoria’s Energy Future is a critical step in the lead up the release of our Climate Change White Paper later this year,” Mr Batchelor said.

“The landmark Climate Change White Paper and related legislation will set out a new strategy for how Victoria will respond to this defining challenge of our generation.

“For nearly a century, Victoria has relied heavily on coal, oil and gas to supply us with relatively cheap but highly polluting energy. Now, we must reduce greenhouse gas emissions while our demand for energy continues to grow.

“Our shift to a low-carbon economy is underway but there is much more to do and this discussion paper outlines the scale and complexity of the task ahead.

“It does not hold all of the answers but will outline both the challenges and opportunities as we transform how and where we make and use energy in Victoria.

Mr Batchelor said the Brumby Labor Government had already committed $369 million to its Energy Technology and Innovation Strategy (ETIS); $23 million to the new Climate Communities initiative; and $175 million in April to its Jobs for the Future Action Plan, which will help secure thousands of new jobs for Victorian families.

“As we begin our transformation to a low carbon economy Victoria is well placed to seize the opportunities that will arise, creating new skills, new jobs, new investments and new ways of making and using energy,” he said.

“However a price on carbon was needed to give investors the price signal to move away from coal to cleaner forms of energy.

“But the inevitable shift to a low carbon economy means that even without a carbon price we need to redouble our efforts in shifting to cleaner sources of power.”

For more information go to www.dpi.vic.gov.au/energyfuture

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