|Policy Type:||Policy Support, Policy Support>Strategic planning|
|Agency:||Department of Prime Minister and Cabinet, Department of Industry, Tourism & Resources, Australian Greenhouse Office|
The Australian Governments Energy White Paper - Securing Australia’s Energy Future - establishes a long term policy framework for Australian energy. Securing Australia’s Energy Future includes a range of new initiatives, including: - driving investment of at least AUD 1.5 billion to demonstrate breakthrough technologies with long term greenhouse gas reduction potential through the establishment of a AUD 500 million fund to leverage private sector investment of at least AUD 1 billion in the demonstration of low emission technologies; - the provision of AUD134 million to support commercialisation of renewable technologies; - a commitment of AUD 75 million for Solar Cities trials to demonstrate a new energy scenario; - an overhaul of the fuel excise system, reducing excise costs on businesses and households by AUD 1.5 billion in the period to 2012-13; - a requirement that Australia’s largest energy users undertake regular energy efficiency assessments, with firms using more than 0.5 petajoules of energy a year undertaking mandatory energy assessments every 5 years and reporting publicly on the outcomes; and - a requirement that large energy projects and recipients of more than AUD 3 million in excise credits to manage their emissions through membership of the Greenhouse Challenge Programme. The Government announced the development of a new Energy White Paper in September 2008. The White Paper will provide a comprehensive energy policy framework through to 2030, as well as short- to medium-term recommendations for government and industry, focusing on investment and employment in the resources and energy sectors. The timing of the Energy White Paper has been delayed following the Government’s decision to delay an emissions trading scheme.
Last modified: Thu, 02 Nov 2017 20:26:49 CET