As Australia’s largest greenhouse gas emitting business , we recognise that we have a key role to play in reducing greenhouse gas emissions while providing secure and affordable energy for Australian households and businesses.
Our Greenhouse Gas Policy presents a pathway for the gradual decarbonisation of our generation portfolio by 2050, and includes the following commitments:
We are committed to playing a leading role in developing a pathway to a modern, decarbonised generation sector, developing and investing in new renewable and near-zero emission technologies.
In 2016 we released a special report outlining how we are positioning our business for a carbon constrained future, providing the results of economic modelling of the impacts of various carbon constraints on the National Electricity Market (NEM) and our generation portfolio. Click here to access the report.
We are Australia’s leading privately-owned operator of renewable energy and in 2016 we launched the Powering Australian Renewables Fund to encourage innovative funding of large scale renewables to help Australia reach its 2020 renewables target. The Fund is aiming to invest between $2 and $3 billion in around 1,000MW of large-scale renewable energy.
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