Climate of the Nation highlights sky-high support for renewable energy

24 July 2012

The 2012 Climate of the Nation report in which Australians were interviewed about their views on climate change and its associated issues, has highlighted the continued sky-high support for renewable energy and energy efficiency in the community.

“While the report demonstrates that the many Australians remain confused about climate change and its causes, they are not confused about their vision for a low carbon future; they want renewable energy to lead the way,” said Pacific Hydro’s General Manager for Australia, Mr Lane Crockett.

“This report is consistent with the results from previous research undertaken by Pacific Hydro, the Clean Energy Council and the CSIRO.”

The findings highlight Solar, Wind and Hydro as the top three preferred energy sources in an ideal energy mix. And that ordinary Australians see renewable energy as not only providing jobs but also an opportunity to be a leader in this area.

“Australians rightly see renewable energy as playing an important role in the reduction of carbon emissions, job creation, preparing Australia for the impacts of climate change, improving health and the local environment, and in building a sense of national pride,” explained Mr Crockett.

“We know that tens of thousands of jobs have already been created in the renewable energy sector over the last ten years, that for every megawatt of electricity generated by a renewable energy source, generation from fossil fuels reduces. And we know that renewable energy does not have the detrimental health impacts that come from burning coal.”

Australia’s Renewable Energy Target (RET) implemented by the Howard Government in 2001, and which has bipartisan support, has been the driving factor in the deployment of over $10 billion dollars of renewable energy projects across the nation.

While Australia lags behind many other nations in the deployment of large scale renewable energy, policies such as the 20% RET and support for emerging technologies from the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC) will be pivotal in transforming the energy sector to clean, renewable sources..

Pacific Hydro is a wholly owned subsidiary of the Industry Funds Management (IFM) Australian Infrastructure Fund. Through its ownership structure, Pacific Hydro provides sustainable infrastructure investment opportunities for around 5 million Australian members of Industry Superannuation Funds.