MARKETS

Coal phase-out by 2030: Greenpeace

AT LEAST one coal-fired power station a year would be shut down to phase coal out of Australia's energy mix by 2030 under a plan released by Greenpeace yesterday.

Angie Tomlinson
Coal phase-out by 2030: Greenpeace

Greenpeace said in its report – Australia's Energy (R)Evolution – that renewable energy can be cheaper and cleaner, and generate more jobs, than fossil fuels.

It has set a target of 40% of Australia's energy to come from a clean source and to reduce emissions by more than 40% by 2020. The target is far more ambitious than the Rudd Government's promised emissions cut of 60% by 2050.

“The Energy (R)Evolution scenario shows that by greatly increasing the amount of renewable energy in our system, using gas as a transitional fuel, and introducing aggressive energy efficiency measures, we can begin removing coal-fired power from the grid in the next few years," Greenpeace said.

Greenpeace will push the Federal Government to establish a moratorium on new coal-fired power stations and commit to a phase-out of coal-fired power by 2030.

The report has tackled the issue of coal miners losing their jobs by suggesting developing a "green" workforce.

“The Federal Government must support workers and communities affected by the move away from coal and develop a highly trained green workforce through investment in training programs and apprenticeships," Greenpeace said.

“Although the shift away from coal-fired power means a natural decline in coal jobs over time, they are more than matched by new green jobs created in energy efficiency and renewable energy."

Greenpeace estimated under its scenario the net gain of jobs in the renewable and energy efficiency sectors would be between 33,000 and 57,000 jobs.

The report used modelling by Greenpeace and Dr Hugh Saddler from Canberra-based Energy Strategies.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions