Net zero, energy transition key election items: Grattan

Ahead of the federal election, the Grattan Institute has highlighted the move to net zero and energy transition as areas that should be prioritised by whoever wins.

- Jamie Williamson

In terms of major reforms Grattan is calling for to achieve a net-zero economy, the thinktank said the government must create a national Net Zero Plan and maintain the 2030 target while also setting the 2035 target at 65-75% below 2005 levels.

"The government is developing plans intended to provide a policy framework to reduce emissions in every sector towards the net-zero goal," Grattan noted.

"These plans should be consolidated into a national Net Zero Plan, and the government must signal that every sector has to reduce emissions from current assets and activities. In particular, action is required in agriculture, industry emissions outside the Safeguard, and transport beyond light vehicles.