Australia unveils new energy strategies under 2050 net-zero plan

New allocations have been announced to support the goal.

The Australian government has announced its updated roadmap to support its net-zero goal, including allocating new budget for various efforts in the energy sector.

According to the Department of Climate Change, Energy, the Environment and Water, $85m will be set aside to accelerate energy performance by expanding programmes to increase access to energy ratings, as well as establishing a Demand-side Statement of Opportunities to identify opportunities to improve energy performance.

There will also be $2b allocated to the Clean Energy Finance Corporation (CEFC) to scale up emissions reductions. Meanwhile, $50m will be used to upgrade community sports clubs by installing solar and batteries, energy efficiency upgrades and lighting, and climate adaptation improvements.

The department said $1.1b will also be used to support the production of low-carbon liquid fuels, and $40m to accelerate the rollout of kerbside and fast charging for electric vehicles.