Country:Australia
Year:2006
Policy status:Ended
Jurisdiction:National
Date Effective:2006
Policy Type:Voluntary Approaches>Negotiated Agreements (Public-private sector), Policy Support, Regulatory Instruments, Policy Support>Strategic planning
Policy Target:Energy Sector>Electricity Generation>Fossil fuels (Coal, gas, oil)
Description:

In March 2006, the Australian government announced an industry and government alliance with the Australian Petroleum Production and Exploration Association (APPEA) to switch the countrys energy base to natural gas, away from oil and coal. The governments target was for 70 per cent of the countrys new energy generation capacity built over the next ten years to be gas based. As of 2006, 85 per cent of Australias power was generated with coal, with small contributions from hydro, oil and wind. The Australian state sought to exploit its gas reserves and lift gas production to 50 million tonnes a year, raising gas exports more than threefold in the process while cutting oil imports. The gas alliance was in keeping with the Asia-Pacific climate pact, led by non-Kyoto ratifiers Australia and the US, to encourage industry to find the technological solutions to greenhouse reductions. The alliance also recognised the relative climate-change benefits of conversion to gas-fired power: gas-fired power produced around half the greenhouse emissions of coal-fired power.

Last modified: Tue, 09 May 2017 16:37:16 CEST