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Existing technologies can halve Australia's emissions by 2030: report

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STORY: Existing technologies can halve Australia's emissions by 2030: report
SHOOTING TIME: Dec. 2, 2023
DATELINE: Dec. 2, 2023
LENGTH: 00:00:34
LOCATION: Canberra
CATEGORY: ENVIRONMENT

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STORYLINE:

Existing technologies will enable Australia to halve its greenhouse gas emissions from 2020 levels by 2030, a report by the national science agency has found.
   
According to the report, which was published by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) on Friday, that under a rapid decarbonization scenario, Australia could reduce emissions by 52 percent from 2020 levels by 2030 without relying on technological advancements.
   
The report charts key milestones Australia must hit in 10-year timestep in order for the country to achieve net zero emissions by 2050 and help limit global warming to 1.5 degrees Celsius above pre-industrial levels.
   
It warns that technologies currently in early development will need to be in widespread use in the 2030s and 2040s to help decarbonize sectors where emissions prove hard to abate, with investment costs to be substantial.
     
The report forecasts that Australia's effort to reduce emissions will be led by decarbonizing the electricity sector.
   
The Australian government has set a goal of 82 percent of national electricity coming from renewable sources by 2030.
  
In order for renewables to make up 90 percent of the electricity generation mix by 2030, the CSIRO report said that almost all new generation capacity installed in the intervening period would need to be renewable and supported by greater storage capacity.

Xinhua News Agency correspondents reporting from Canberra.
(XHTV)

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