Australia can transition to net zero while growing the economy, reducing cost pressures on households and businesses, and creating new jobs. Our sector plans show how the industry and resources sectors can remain competitive, while contributing to national efforts to reduce emissions.
The Net Zero Plan will guide our transition to net zero emissions, in line with the Australian Government’s target of 62-70% emissions reduction below 2005 levels by 2035.
The Net Zero Plan sets out how we’ll achieve a fair, orderly and efficient transition that builds on Australia’s strengths and ensures all Australians benefit.
It focusses on 5 priorities:
- decarbonising and expanding the electricity network.
- electrifying wherever possible and improving energy and materials performance
- switching to low carbon fuels where electrification is not feasible
- innovating to expand emissions reductions solutions
- scaling up carbon removals to balance residual emissions.
Six sector plans support the Net Zero Plan. These provide a more detailed picture of the emissions reduction opportunities, and how the government is driving and supporting action in these sectors:
- electricity and energy
- industry
- resources
- transport
- agriculture and land
- built environment.
The Department of Climate Change, Energy, the Environment and Water (DCCEEW) developed the Net Zero Plan. Our department led the industry and resources sector plans. (Built environment moved to Treasury last year). Each plan drew on expertise across government, including from the Climate Change Authority, Geoscience Australia, CSIRO and Treasury.