New Australian Government to ratify Kyoto Protocol


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The new Australian government is to be formed by the Labor party, which won the election on the 24 November. Labor’s renewable energy plan is part of a comprehensive approach to tackling climate change, which includes:
  • Immediately ratifying the Kyoto Protocol.
  • Setting a target based on science to cut Australia’s greenhouse gas emissions by 60 per cent on 2000 levels by 2050.
  • Establishing an emissions trading scheme by 2010 to put a price on carbon.
  • Introducing practical measures to improve household energy efficiency, including generous rebates for solar power systems and solar hot water and low interest loans for Australian families to undertake water and energy efficiency improvements in their homes.
  • Offering landlords rebates of up to $500 to help install energy-efficient insulation in 300,000 rental homes.
  • Establishing a $500 million National Clean Coal Initiative to invest in the development and application of advanced coal technologies to secure jobs in the coal industry.
  • Making every Australian school a solar school within eight years.
  • Encouraging the development of a strong and vibrant Australian clean energy industry with a $15 million Clean Energy Export Strategy and a $20 million Clean Energy Innovation Centre.
  • Establishing a $50 million Australian Solar Institute and a $50 million geothermal initiative.

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