Climate plan to cut emissions and create jobs
Victoria's new Climate Change Strategy and interim targets have been unveiled, positioning Victoria as a leader in tackling climate change and creating new jobs and industries of the future.
This strategy will keep Victoria on track to meet our target of net zero emissions by 2050, while also seizing the opportunities of climate action, such as advancing technology, investing in new industries and creating Victorian jobs.
At the heart of the plan are ambitious targets to reduce emissions by 28-33 per cent by 2025 and 45-50 per cent by 2030, putting Victoria at the forefront of Australia’s climate change action.
As one of the state's biggest emitters, the transport sector has made an emissions reduction pledge to support the strategy and outline clear actions that reduce emissions now and lay the foundations for a cleaner future.
Importantly, the strategy is also underpinned by strong action from the State Government. That includes investing more than $100 million to transform our transport sector, offering up to $3,000 for Victorians who buy zero-emissions vehicles (ZEVs) and a target that 50 per cent of all new car sales in Victoria will be ZEVs by 2030.
The government is also investing almost $20 million to reduce emissions in our agriculture sector and work with farmers to make their farms more sustainable. This includes $3.9 million to fund world-leading research and trials of new feed to reduce emissions from livestock.
A further $15.3 million for the Victorian Carbon Farming Program will help farmers store more carbon in shelterbelt trees and engage in agroforestry.
Government operations, from schools and hospitals to police stations and metro trains, will also be powered with 100 per cent renewable electricity by 2025 – an Australian first.
Victoria is already taking world-leading action to prevent the worst impacts of climate change, as the first Australian state and one of the first jurisdictions in the world to legislate net zero emissions by 2050, with five-yearly targets to make sure we get there.
Victoria has already cut its emissions by 24.8 per cent based on 2005 levels, achieving our 2020 emissions reduction target two years early. We are also on track to meet our 2025 target.
The Climate Change Strategy follows the Victorian Government’s major investment to transition our state to a cleaner economy, powered by 40 per cent renewable electricity by 2025 and 50 per cent by 2030.
Acting on climate change creates opportunities. Victoria’s Climate Change Strategy will create jobs, stimulate innovation, attract investment, cut energy costs, protect our environment and support our economic recovery.