Stronger emissions cuts beyond net zero by 2050 will be better for Australian economy, modelling shows

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The Australian Energy Market Operator has modelled five scenarios about how the country's energy future could look. It's found going harder and faster on emission reduction would make Australia economically stronger.

Going harder and faster on emission reduction beyond net zero by 2050 would make Australia economically stronger, new modelling shows.

Under the latter scenario, the focus would be on the development of low-emissions technologies helped by state government-supported renewable energy zones to move away from high-polluting power. Net-zero would be achieved on or before 2050 under this model, which was consistent with keeping global warming to under 2C.Victoria praised for climate targets to reach net zero emissions by 2050

This scenario assumed the scale of hydrogen production would be largely immaterial to the national energy market.

 

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