Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Why won't Labor defend its 50% renewable energy target?

Download PDFDownload PDF

THE HON JOSH FRYDENBERG MP Minister for the Environment and Energy


Media Contact: Kane Silom - Office of the Hon Josh Frydenberg MP - 02 6277 7920



At the last election just seven months ago the Labor Party took to the Australian people a policy which said “a Shorten Labor Government will ensure that 50 per cent of the nation’s electricity will be sourced from renewable energy by 2030.”

But today Mark Butler went on Sky News and said Labor was “very unlikely” to “support an extension of the existing model” which is in legislation.

Labor are confused. Do they support a legislated target? An aspirational target? Or a political target designed to win green votes in the city at the cost of blue collar jobs in the regions?

Peter van Onselen: “If Labor wins the next election will it legislate a 50 per cent renewable energy goal by 2030, the same way that you’ve currently got the RET that is designed for the lower target by 2020?”

Mark Butler: “… if we were elected last year we would put in place a process with business and the electricity industry about the best possible design of a mechanism to get to 50 per cent… I’ve got an open mind about that... all that I have said is that it’s actually very unlikely that I would support an extension of this existing model.”

Sky News, Sunday Agenda - 5 February 2017

After adopting more than a dozen different climate change and energy policies and overseeing the doubling of energy prices when they were last in government, Bill Shorten and Mark Butler are now creating more chaos.

Their diabolical quadrella of policies - a 50 per cent RET which according to Bloomberg New Energy Finance would require $48 billion worth of investment; a 45 per cent emissions reduction target by 2030; the forced closure of coal fired power stations and an emissions intensity scheme, will all combine to threaten energy security and drive up electricity prices.

Today it was revealed that Bill Shorten and Mark Butler don’t have the guts to drop their 50 per cent RET nor do they have the courage to defend it.

The next weeks and months will be telling to see if Labor’s 50 per cent RET will come out of hiding.