Renewable Energy Superpower

Australia can be a renewable energy superpower.

Labor’s Powering Australia Plan charts the course for achieving 43% emissions reduction by 2030, and net zero by 2050, by becoming a global renewable energy superpower.

Labor is unleashing investment in renewable energy – in programs and initiatives such as the National Energy Transformation Partnership, Rewiring the Nation, Capacity Investment Scheme, investments in Offshore Wind, Community Batteries for Household Solar, and the scaling up of the hydrogen industry.

Already Albanese Labor Government has approved enough renewable energy projects to power more than 2.5 million Australian homes.

Under Labor’s plan, Australia’s energy grid will be 82% renewables by 2030.

For nearly a decade, the Liberal National Government’s mismanagement of our energy policy has been a threat to our economy - leaving Australia missing out on the jobs, growth, and opportunities that our abundant renewable resources could unlock.

Our plan will create 604,000 jobs, with 5 out of 6 new jobs to be created in the regions.

It will spur $76 billion of investment.

Powering Australia will prioritise growth and investment for the regions that have served as Australia’s engine room for so long – that know energy, manufacturing and resources.

Under a Labor Government, those regions will continue to power Australia and provide a stream of exports into the future.

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