Exclusive: NSW to tap billions in federal aid to support 2030 emissions goal | p_hannam pallavisinghal_
The Berejiklian government will use federal cash worth billions to build new power transmission networks and electric vehicle recharging sites and undertake other carbon abatement as part of its plan to slash the state's emissions by over a third by 2030.
The signing will proceed despite pressure from Canberra to have AGL's ailing Liddell coal-fired power plant extended beyond the planned April 2023 closure. "That's a separate discussion," one of the sources said.The approved package will account for "each percentage point" of the emissions reduction goals, and ensure "abatement projects are fully funded", the source said. "It will be worth billions.
on Thursday, but he declined to elaborate. "It will bring power prices lower as we transition to cleaner electricity." AEMO predicts the Vales Point coal-fired power plant will close in 2029, making up much of the 35 per cent target of cutting emissions from 2005 levels by 2030.were 131.5 million tonnes of carbon dioxide-equivalent in 2017, an 18.2 per cent reduction on 2005 levels. That tally, amounting to about one-quarter of the national total, was roughly half way to NSW's 2030 goal.
"Victoria has a climate change act, ACT has an act, the UK has an act," Mr Searle said. "Without that, the government's target is an aspiration, that's all it is."
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