Major energy companies call on Coalition to set target of net zero emissions by 2050
(The Guardian, 25 Jun 2020) Australian Energy Council’s support for Paris agreement will increase pressure on federal government to back pledge.
Australia’s major electricity and gas companies, including the owners of all coal-fired power plants in the national grid, have called on the Morrison government to set a target of net zero greenhouse gas emissions by 2050 in line with the Paris agreement.
In a statement on Thursday, the Australian Energy Council said it supported the 2015 Paris deal, and recognised it meant developed countries needed to reach net zero emissions by mid-century.
It will increase pressure on the federal government to support the target, which has been backed by business groups, banks, major miners, the ACTU, institutional investors, all state governments and the federal opposition