CORRECTION - ANU EXPERTS ALERT: Energy policy

Correction - Amending the order of quotes to match the correct expert

Tuesday, October 17, 2017 — The Federal Government has announced a new energy plan that sees an emphasis on affordable and reliable power and will not adopt the Clean Energy Target recommended in Australia's Chief Scientist Alan Finkel’s review of the energy sector.

The Australian National University (ANU) has experts available to speak about the new energy policy.

They can be contacted directly, or through the media hotline on 02 6125 7979.

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Professor Ken Baldwin
Director, ANU Energy Change Institute
T: 02 6125 4702
M: 0432 987 251
E: Kenneth.baldwin@anu.edu.au

"The National Energy Guarantee has thrown the electricity sector into more policy turmoil by putting in jeopardy a bipartisan approach to energy and climate policy. By removing the Clean Energy Target it fails the technology neutrality test because it does not impose the true cost of greenhouse gas emissions on fossil fuel generation. Further, it is not clear whether the NEG can do the heavy lifting for the rest of the economy that will be needed to meet our Paris targets. Inevitably carbon pricing will be adopted around the world, and only when a future Australian government aligns with this will the energy industry find the policy certainty needed to unlock the logjam  in renewable energy investment."
 

Professor Andrew Blakers
ANU College of Engineering and Computer Science
T: 02 6125 5905
E: Andrew.Blakers@anu.edu.au
Expertise: Sustainable energy

“The cheapest way to meet the Paris emissions target is by increasing the renewable energy share of electricity to 50 per cent. As the Prime Minister points out, pumped hydro storage (including Snowy 2.0) is highly effective and cost competitive. Pumped hydro can be built fast enough to stabilise any amount of solar and wind at lower overall cost than any fossil fuel alternative.”
 

Dr Matthew Stocks
Research School of Engineering
E: matthew.stocks@anu.edu.au
T: 02 61259876
Expertise: Renewable energy

“Electricity is the easiest and cheapest sector to reduce our carbon emissions. However, electricity generators operate for decades and require long-term certainty to reduce risk and promote development. Australia needs a bipartisan approach to develop a stable energy policy, as we saw at the introduction of the renewable energy target, to give the industry the confidence to plan for the future.”


Professor Tom Faunce
ANU College of Law & Medical School
T: 02 6125 3563
E: thomas.faunce@anu.edu.au

“Nations with stable incentives for investment in the renewable energy sector will see growth in their economies and in employment rates. Coal-fired power stations and fracking pollute the environment and create fewer new jobs than a booming renewable energy sector. If Australia doesn’t create a stable platform for renewable investment it will be left behind in the race for next generation clean energy technologies.”


Professor Llewelyn Hughes
ANU Crawford School of Public Policy
T: 02 6125 3861
E: llewelyn.hughes@anu.edu.au
Expertise: Energy markets, economics

“Any energy policy has to meet two conditions: first to create a stable platform that gives business the confidence to invest in long-lasting energy infrastructure. Second to ensure this platform is consistent with Australia’s global climate obligations. The government's challenge is to build a bipartisan consensus that meets these conditions, something it has failed to do as yet.”


Professor Elmars Krausz
Research School of Chemistry
T: 02 6125 3577
E: krausz@rsc.anu.edu.au
Expertise: Energy science

“Our Paris Agreement is for a reduction at a date (in 2020) which is beyond the term of the current government. Abandoning the clean energy target leaves no clear mechanism whereby the Paris Agreement reduction can be achieved.”


For media assistance please contact Aaron Walker on 02 6125 7979 or 0418 307 213 or email the ANU media office on media@anu.ecu.au.