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The Victorian Energy Upgrades program – billed as the largest energy-efficiency program in Australia – is setting emissions reduction targets for 2026 and 2027, and has produced a regulatory impact statement to present options and elicit public comment. The VEU program is a market-based scheme that provides financial assistance to households and businesses adopting more […]
Australia, as a signatory of the Paris Agreement, is due to submit its 2035 emissions reductions target early next year. How ambitious will it be?
The Victorian Government has tabled in parliament its formal determination of Victoria’s 2035 emissions reduction target under its Climate Change Act 2017. The Act sets a framework to keep developing new policies to meet the targets, or sector pledges. The 2035 target aims to reduce Victoria’s greenhouse gas emissions by 75–80 per cent below 2005 levels. […]