The Federal Government released their Technology Investment Roadmap Discussion Paper (‘Roadmap’) earlier in May. The Roadmap is a solidification of the Federal Government’s position that they will support investment in low carbon technologies to reduce emissions rather than support a tax or carbon price scheme to assist the transition to a low carbon economy.
One of the main sectors that the Roadmap seeks to address is the electricity sector and rightly so. The electricity industry is currently extremely carbon intensive and there are a number of quick and deep carbon reductions that can be made in the short term given the technologies already commercially available.