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Energy measures could save $40b: report – Breaking News – National – Breaking News

Energy measures could save $40b: report

Sydney Morning Herald 21 Sept 08 Renewable energy targets and energy efficient measures need to be included in an emissions trading scheme to save the electricity sector more than $40 billion, the Climate Institute says.

Modelling commissioned for the Climate Institute reveals improvements to energy efficiency and the federal government’s renewable energy target (RET) would reduce the long-term cost of reducing emissions from Australia’s electricity sector by billions of dollars.

Introducing an emissions trading scheme without such measures could cost the sector more than $40 billion, the Climate Institute said…………………..Climate Institute chief executive John Connor said the modelling showed the most cost effective way to clean up Australia’s electricity generating sector was to tap into energy efficiency opportunities.

Energy measures could save $40b: report – Breaking News – National – Breaking News

Tags: renewables, energyefficiency

September 22, 2008 - Posted by Christina Macpherson | ENERGY

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