Australia is in an energy crisis under the Liberals. Power bills are out of control, pollution is rising and the Liberals haven’t been able to agree on an energy policy for five years.
Scott Morrison and the Liberals are divided and out of touch with the community and with scientists when it comes to energy and climate change.
Scott Morrison supports privatising electricity assets and he opposes a 50 per cent renewable energy target. Instead, Prime Minister Morrison proposes using your taxes to subsidise the building of new coal power stations, even though;
- private industry and experts alike have made it clear new coal won’t offer cheap power,
- energy market agencies, industry and experts agree the most affordable new power is renewables firmed by storage like pumped hydro, and
- new coal plants are not clean, producing at least twice the pollution of gas plants.
The Liberals aren’t up to leading the country to a 21st Century energy system, they can’t agree among themselves that renewable energy is a good thing and climate change isn’t a conspiracy.
That’s why Labor has announced our plan to fix the Liberals’ energy crisis and deliver a 21st Century energy system with more renewable energy and cheaper power.
Labor’s plan will be good for households, good for the economy and good for the environment.
We’ll deliver 50 per cent renewable energy by 2030, 45 per cent cut in pollution by 2030, and net zero emissions by 2050. Our commitment to renewable energy is backed by a $10 billion injection of additional capital into the Clean Energy Finance Corporation, and a new $5 billion Energy Security and Modernisation Fund, to drive a strategic investment program in new generation and energy networks.
Our energy plan will:
- Invest in more renewable energy
- End the power privatisation mess
- Stop over charging by power companies
- Future proof our energy network
- Plan the transition to renewables by supporting a just transition for workers
Labor will open up access to renewable energy for households currently cut out of the solar revolution – like renters, apartment, and public housing tenants – through our $100 million Neighbourhood Renewables Program.
A Shorten Labor Government will help Australians slash their power bills by setting a new national target of one million household battery installations by 2025.
Labor’s Household Battery Program will provide a $2,000 rebate for 100,000 households with incomes below $180,000 per year to purchase and install battery storage systems.
The Smart Energy Council estimates that household batteries would allow most homes to save more than 60 per cent off their power bills.
We know that the most responsible policy for our energy sector is one that embraces our renewable energy industry, as well as upgraded networks and more storage technology.
The Liberals’ energy plan is based on old technology, old ideas and political division.
The choice is clear: Labor is for a 21st century renewable energy plan, the Coalition is for empty promises, more coal power and higher power bills.
You can read more about Labor’s progressive energy plan at www.makeourfuturerenewable.org.au