Clean Energy Investor Group’s Post

Powering Western Australia’s Future Series 🌏 Ask 1: Introduce a legislated target of 82% renewable energy by 2030 on the South-West Interconnected System (SWIS). Western Australia stands out as the only state or territory in Australia without a legislated commitment to renewable energy growth or emissions reduction. While the Australian government has committed to cutting greenhouse gas emissions by 43% below 2005 levels and achieving 82% renewable energy by 2030, WA has yet to follow suit with its own targets. Legislated renewable energy and emissions reduction targets are crucial to holding WA accountable to both national and international climate agreements. These targets not only guide policy but also give investors the confidence to support large-scale renewable energy projects, driving the state toward a sustainable future. WA has the potential to be a Renewable Energy Super Power – but we need action now. Binding targets galvanise action at every level of government and within industry to unlock this potential. It’s time for WA to lead the way in Australia’s energy transition. Read the full policy document here: https://lnkd.in/gNuTwyBx Anthony Albanese Chris Bowen MP Tanya Plibersek Ed Husic MP Jenny McAllister Richard Merzian Marilyne Crestias Clean Energy Investor Group Heidi Lee Beyond Zero Emissions Stephanie Bashir Nexa Advisory Climate Capital Forum Anna Skarbek Climateworks Centre Tim Buckley Climate Energy Finance Reece Whitby Steve Thomas Dr. Brad Pettitt MLC Josh Wilson Jai Thomas Roger Cook Stephen Dawson Wilf J. Connor Woulfe Connor Price Conservation Council of WA Australian Manufacturing Workers' Union Greenpeace Electrical Trades Union of Australia Australian Conservation Foundation First Nations Clean Energy Network Sustainable Energy Now #PoweringWA #RenewableEnergy #WAPolicy #SmartEnergy

SEN has released eleven policy recommendations that together chart a clear way forward for the clean energy transition in Western Australia. They are the product of 18 months of research and energy modelling by SEN, as well as nearly 30 meetings with policymakers, stakeholders and experts since early 2022. We have shared them with Premier Hon. Roger Cook and Energy Minister Hon. Reece Whitby, among others. Over the next week, we’ll be sharing them with you. Dear WA State Government, #SENRecommends: 1. Introducing a legislated target of 43% emissions reduction by 2035 as part of the provisions in the Western Australia 2023 Climate Change Bill. 2. Announcing a target of 82% renewable energy by 2030 for the South-West Interconnected System (SWIS) noting that this aligns with the Commonwealth target. Rationale: Setting targets provides clear measurable goals and also helps develop confidence with all stakeholders that the State Government is committed to the clean energy transition. We recognise that there is more power generated outside of the SWIS than on the SWIS: this generation could also be covered by separate targets as required. 

🌱 Puerto Rico is leading the way towards a sustainable future! 🇵🇷 The Puerto Rico Energy Public Policy Act of 2019 sets a bold target of 100% renewable energy by 2050. 🌞💨 The PR100 study offers insights on economic, equitable, and distributed energy resource adoption to achieve this goal. Upgrading the grid, embracing renewables, and engaging stakeholders are key steps in this green journey. 🌍 Let's look to Puerto Rico as an inspiration for global decarbonization efforts! 🌟 #RenewableEnergy #Sustainability #AJPerkins🌴

Australia is on the cusp of a once-in-a-generation transformation, as our energy systems shift to clean, renewable forms of power. First Nations peoples, the original custodians of this land, must be central to – and benefit from – this transition. That is the key message of the federal government’s new First Nations Clean Energy Strategy, launched on Friday. The government has committed A$70 million to help realise its aims. As written by Heidi Norman and published by The Conversation Australia + NZ read full article via the link in the comments section below. First Nations Clean Energy Network #nativetitle #cleanenergy #greenenergy #economy #selfdetermination

The European Union is reinforcing its commitment to a sustainable future with a new target to cut net greenhouse gas emissions by 90% by 2040, compared to 1990 levels. 🌍 🔋 As the EU plans to increase the share of electricity in its energy mix to 50% by 2040, predominantly powered by renewable sources like solar, wind, and hydropower, the landscape of energy consumption in Europe is set to transform dramatically. 💡 The increase in renewable energy usage supports the EU's climate goals and at the same time opens up new avenues for industries across Europe to innovate and adapt to cleaner technologies. This shift promises enhanced energy independence and economic stability, reducing the reliance on fossil fuel imports which have historically burdened the EU's economy. In response to the evolving energy landscape, ACTIV remains committed to environmental responsibility as part of our core business strategy. Recognizing the importance of both environmental and economic sustainability, we continue to support a balanced energy mix that includes both traditional and renewable sources. ACTIV is dedicated to leveraging our extensive expertise in project management and energy solutions to facilitate this transition, ensuring that every project we undertake maximizes both energy efficiency and environmental integrity. 🌱 🔗 https://lnkd.in/dnNyMNcT #climateaction #eu #sustainability #renewableenergy #activ

China has eased curbs on solar and wind installations to cut use of fossil fuel, a positive sign for the country’s renewable energy sector, which has been struggling with oversupply. The action plan released by the State Council, China’s cabinet, on Wednesday, aims to improve energy conservation and reduce carbon dioxide emissions for the next two years. For more information: https://lnkd.in/dSDXCCxS #sustainability #sustainable #climatechange #environment #climate #climatecrisis #eco #renewableenergy #renewablepower #cleanenergyfuture #ces #power #installations #conservation

Here’s another reason why investing in renewable energy makes sense. Investing in renewable energy offers a myriad of benefits including the reduction of pollution, climate impacts and creation of clean jobs. According to the United Nations, approximately $4 trillion a year investment in renewable energy is needed to build a net-zero world. The amount, which includes the cost of technology and infrastructure, is in stark contrast to the $7 trillion spent in 2022 on subsidizing the fossil fuel industry. Admittedly, the upfront costs required to invest in renewable energy are significant and may be out of reach for many low-income countries. However, the long-term benefits far outweigh the costs as it offers sustainable and cleaner energy sources that reduce carbon emissions and mitigate the impact of climate change that can save the world trillions of dollars. These benefits should be enjoyed by all hence the need to intensify calls to accelerate energy access for all as well as provide the financial and technical support to countries with limited resources. The huge payoff makes this a smart and worthwhile investment that will help alleviate energy poverty and support the transition to a net-zero world.   #FinancingEnergyProsperity #CleanEnergy #Sustainability #SustainableEnergy #minigrid #offgridsolar #energyaccess #SustainableDevelopment #SolarPower #SolarEnergy #SolarPanels

Australia and the UK have signed a groundbreaking Climate and Energy Partnership to supercharge renewable energy markets and lead the global clean energy transition. This partnership replaces the 2021 technology agreement, reflecting an increased level of ambition and commitment from both nations to tackle climate change and drive sustainable growth. At the heart of this collaboration is a focus on net zero technology cooperation. Together, Australia and the UK will develop and invest in cutting-edge renewable energy technologies such as hydrogen, offshore wind, energy storage, and clean transport. A key goal is establishing common standards for these innovations, enabling their efficient adoption worldwide. This has the potential to reduce costs, streamline implementation, and create a more robust global renewable energy market. The partnership also prioritises international climate cooperation by coordinating global efforts through platforms like the G20, the International Energy Agency (IEA), and the UN Climate Change. By aligning strategies under the Paris Agreement, both nations aim to strengthen their domestic economies and inspire other countries to follow suit, creating a ripple effect of climate action across the globe. With the vast potential for offshore wind projects, Australia can leverage UK expertise in this sector to accelerate development, attract investment, and establish itself as a leader in clean energy. The economic benefits are equally compelling, with opportunities to create green jobs, enhance energy security, and build a resilient, future-focused economy. What is your take on this partnership and its potential to shape the future of renewable energy? #renewableenergy #netzero #offshorewind #cleanenergytransition #globalcollaboration #parisagreement #COP29 #sustainablefuture #windfarm #UKclimateaction #Australia #evoegy

Congratulations to everyone involved on the launch of The First Nations Clean Energy Strategy 2024 - 2030! Yamatji Marlpa Aboriginal Corporation (YMAC) has written a post including where to download a copy. See below for further information. #cleanenergy #firstnations #aboriginalaustralia #selfdetermination #nativetitle #strategy #traditionalowners #renewableenergy

The time to scale clean energy is now. Learn more about the challenges and opportunities for renewable energy through this blog by OneGreenThing intern Ella Thompson of Connecticut College. Ella writes: "When it comes to renewable energy adoption, the United States finds itself playing catch-up compared to more forward-thinking nations." Learn more about why we're taking so long in the US (hint: decades of taxpayer funded fossil fuel subsidies) and how we move forward. https://wix.to/fZEMf0t #newblogpost #onegreenthing #cleanenergy #sustainability #cleanenergyfuture out