The National Energy Guarantee (NEG) has been proposed as a policy to limit carbon pollution from the electricity sector while at the same time supporting reliable and affordable electricity supply — This brief outlines the key issues and what should be addressed if the policy is to be effective driving renewable energy investment across Australia.
The setting of the electricity emissions target is one of the most critical components of the Guarantee. How this is set and defined by the Commonwealth government will determine whether Australia is actually playing its proportional role in tackling global warming.
Specifically, the electricity emissions target will strongly influence whether the nation meets Australia’s national emissions targets, whether the mechanism will boost renewable energy investment, and whether future governments are able to meet the international commitments we have made or will make in the future.
Read it below, or download it here.