Is Australia at Risk of Missing Its 2030 Renewable Energy Goal?

Synopsis
Australia’s Climate Change Authority warns that the nation may not meet its 2030 renewable energy target, potentially falling short by 10 GW. With ambitious goals set, urgent actions are necessary to accelerate the transition to renewable sources. What does this mean for the future of Australia’s energy landscape?
Key Takeaways
- Australia's 2030 renewable energy target is at risk of not being met.
- Matt Kean emphasizes the need for substantial annual renewable capacity increases.
- Accelerating household solar and large-scale project approvals is vital.
- Political action is required to shift focus away from fossil fuels.
- The CCA will guide future emissions targets, particularly for 2035.
Sydney, June 5 (NationPress) The leader of Australia's foremost climate change advisory organization has raised concerns that the nation may not meet its renewable energy objectives for 2030.
Matt Kean, the chair of the Climate Change Authority (CCA), stated during a speech on Wednesday evening that the federal government might not accomplish its ambition of having 82 percent of Australia's electricity sourced from renewable energy by 2030.
The governing Labor Party pledged to this renewable target in 2022, coinciding with a commitment to cut emissions by at least 43 percent from 2005 levels by 2030, as reported by Xinhua news agency.
Kean, who has held the CCA chair position since August 2024, indicated that Australia could be short by the equivalent of 10 gigawatts (GW) of renewable generation capacity.
“Considering we need to add approximately 6 GW of solar or wind capacity annually until 2030, this projected gap is substantial,” he remarked in a keynote address at the Australian Museum in Sydney.
He emphasized that increasing support for household solar installations and expediting approvals for large-scale renewable projects could hasten progress.
Previously serving as the treasurer of New South Wales, Kean urged politicians attempting to “prolong the life” of fossil fuel industries to “step aside.”
“Stop hindering our country and your political parties. Start acting in the national interest, or risk facing political oblivion,” he asserted.
The CCA is in the process of preparing recommendations for the government regarding Australia’s emissions reduction target for 2035.
According to Australian law, the government must receive advice from the CCA before establishing a target for 2035.
An initial report from the agency, released in April 2024, concluded that achieving a 65-75 percent reduction from 2005 levels by 2035 would be both ambitious and attainable.