With so much wrangling within the Australian Government ahead of COP26, it is pleasing to at last see that Mr Morrison will be able to take a commitment, on behalf of Australia, to achieve Net Zero carbon emissions by the year 2050.
The Australian Cablemakers Association is pleased to lend its voice of support to this position but will continue to advocate for further reductions wherever possible.
Today’s announcement, by Mr Morrison, of a revised projection of 30 to 35% reduction on 2005 levels by 2030 is also very encouraging even though it does, in reality, seem likely that Australia will actually over-achieve the current target of 26-28% reduction.
This national overachievement will likely be brought about through individual commitments made by some of the States. As examples, NSW, VIC, and SA have targeted cuts of 50% by 2030, and NSW together with SA have a goal of 50% of new car sales being electric. These actions alone will take a significant step towards achieving these new goals.
Clearly, the current state of the art regarding ‘green energy’ development is still pretty much in its infancy with the huge potential of hydrogen generation and storage offering fantastic opportunities a little way down the track. A move to hydrogen power will afford significant business prospects, many of which have not even been foreseen at this stage.
Members of the Australian Cablemakers Association are all working on products and solutions to help maximise the benefit of this new technology as it evolves.
There is a very interesting article in the Guardian which goes into greater detail on this vital subject:
Secretary, Australian Cablemakers Association
26 October 2021