SUBMISSION November 2014 ENERGY GREEN PAPER Coffs Coast Climate Action Group Contact: Anthony Johnson Email: ajohnsonbb1@dodo.com.au BACKGROUND Australia, along with over 190 other nations, agrees that collective global action should put the world on a path to avoid an increase in global temperature of 2°C above pre-industrial levels. The Australian Government reaffirmed this agreement at the Warsaw COP19. A number of studies have demonstrated that global warming above 2°C would lead to substantial costs to Australia’s economic, human and natural systems and would exceed the adaptive capacity of key Australian industry sectors. It is clearly in Australia’s national interest to avoid a 2°C, or greater, average temperature increase. The Climate Change Authority (CCA) calculates Australia’s fair share (about 1 per cent) of the global emissions “budget”, as a national emissions budget of 10.1 billion tonnes of greenhouse gas emissions for 2013-2050. The global emissions budget calculated by the CCA is estimated to give a 67 per cent probability of holding warming to under 2°C. The CCA recommends emissions reductions of between 40 and 60 per cent below 2000 levels by 2030 – the centre of this range is consistent with this national emissions budget. The UN Intergovernmental Panel on Climate Change (IPCC) released its Synthesis Report on 2 Nov 2014. In summary, the report advises that the world needs to reduce greenhouse gas emissions dramatically, it needs to decarbonise its energy systems, it needs to reduce and eventually stop burning coal and it needs to shift investment from fossil fuels to clean energy. THE GREEN PAPER: ISSUES OF CONCERN FOR THE COFFS COAST CLIMATE ACTION GROUP 1. ENERGY FROM FOSSIL FUELS The Green paper mentions “emissions reductions” in general terms in a number of places. However, it does not adequately describe the context for emissions reductions, why emissions reductions are considered desirable or necessary, or the quantum of emissions reductions required post 2020. The Coffs Coast Climate Action Group (CCCAG) considers that the energy White Paper: must include a meaningful discussion of present and future emissions reduction targets in the context of Australia meeting our share of the commitment to avoid an increase in global temperature of 2°C above pre-industrial levels. 1 should include a discussion on how Australia’s energy policy will be influenced by the findings of the IPCC’s Fifth Assessment Report. 2. RENEWABLE ENERGY The Renewable Energy Target (RET) was established in 2001 and in 2009 a target of 41,000 GWh was established for the Large-Scale RET (LRET). CCCAG understands that the RET, if retained in its current legislated form: Will generate $14.5 billion of investment in large scale renewable energy projects by 2020 as well as significant investment in small scale renewables. Will be a significant driver of job creation to 2020, with estimates that 18 400 positions will be created during this period. Will contribute significantly to Australia achieving our unconditional commitment to cut greenhouse gas emissions by 5% from 2000 levels by 2020. CCCAG supports the retention of the 2009 target of 41,000 GWh of electricity to be generated by the Large-Scale RET. 3. ENERGY PRODUCTIVITY The CCCAG supports the approach of the Government towards improving energy productivity. CCCAG supports: raising the minimum efficiency standards of the full range of appliances under the GEMS Act 2012. Improved and updated building energy efficiency standards through collaboration with the States and Territories. Significantly improved emission and efficiency standards for both light and heavy vehicles. CCCAG does not support: the Government’s stated intention to abolish the Clean Energy Finance Corporation (CEFC) or the Australian Renewable Energy Agency (ARENA). CCCAG understands that these organisations are valuable elements in the current institutional arrangements to support Australia’s current and future emissions reduction targets. CCCAG notes that the Government has recently agreed to retain the Climate Change Authority (CCA) at least until the next election. CCCAG supports the retention of the CCA, but the retention should be permanent. 2