Follow us:
Subscribe to our e-newsletter

logo

  • Energy
  • Construction
  • Resources
  • Projects
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Home
  • Energy
  • Construction
  • Resources
  • Projects
  • Products
  • Events
  • Online Magazine
  • Advertise
  • Contact

New IEA report highlights Australia’s energy efficiency potential

02 Jul, 2020
15
efficiency



A new International Energy Agency (IEA) report highlights the massive potential of energy efficiency to create jobs, cut bills and address climate change, but Australia can do much more to seize this opportunity, according to the Energy Efficiency Council.

The 10 recommendations, published by national leaders, ministers, top business executives and prominent energy experts that make up the Global Commission for Urgent Action on Energy Efficiency, show how energy efficiency can play a central role in fixing the social and economic damage of the COVID-19 crisis.

“A major drive to improve the energy efficiency of homes and businesses could create 120,000 job years of employment in Australia, while reducing cost-of-living pressures for businesses and households,” said Luke Menzel, CEO, Energy Efficiency Council.

“Action on energy efficiency would immediately help those most affected by the economic impacts of COVID-19, including financially stressed households and businesses, and workers seeking new opportunities.

“However, in 2018 Australia was ranked the world’s worst performing developed country on energy efficiency. We must do better and seize this moment so that we can create thousands of jobs, lower energy bills, and slash emissions,” said Mr Menzel.

Over the last month, multiple joint statements – including organisations as diverse as the Australian Council of Social Service, the Property Council of Australia, Australian Industry Group, the Business Council of Australia and Australian Council of Trade Unions – have called for state and Federal Governments to put energy efficiency at the heart of stimulus measures.

“There is near-universal support for energy efficiency as a key stimulus measure because projects can roll out rapidly, deliver a long term productivity dividend, slash emissions and are highly job intensive,” said Mr Menzel.

“The Global Commission has called on governments around the world to show leadership, upgrading their own schools, hospitals and other public to save taxpayers money and create jobs straight away.

“Global experts have given us a plan. Now we need state and federal governments to invest at a speed and scale that matches the magnitude of the economic challenge ahead of us,” said Mr Menzel.

Related Articles

Comments

Leave a comment Cancel reply

You must be logged in to post a comment.

Latest Posts

  • Energy
  • Construction
  • Resources
30 Jun

AEMO releases energy roadmap to phase out coal generation

30 Jun

Cairns charging up with new network-connected battery

30 Jun

MGA Thermal announces breakthrough in storage technology

29 Jun

Survey shows majority of Australians want investment in renewables

29 Jun

New renewably-powered desalination plant planned for Alkimos

23 Jun

Cities of the future may be built with algae-grown limestone

22 Jun

Global sophisticated green building designs awarded

22 Jun

A national environmental impact standard to measure embodied carbon

15 Jun

Australian cities falling behind global cities on sustainability according to 2022 Sustainable Cities Index

14 Jun

Only timber can tackle climate change – timber and the latest construction technology

29 Jun

Binding methane with metal: a new hope for recycling the potent fossil fuel

29 Jun

WA’s first Clean Energy Future Fund project now operational

29 Jun

New battery and critical minerals prospectus to power investment

29 Jun

Australian-German business coalition produces a roadmap for large scale green hydrogen import to Germany

24 Jun

Farmers say food supply must come before gas export industry

Online Magazine

    Current Cover
  • Login
  • Subscribe

Subscribe

Subscribe to our newsletter

Our Titles

  • Home
  • Contact Us
  • Terms and Conditions
  • Privacy
© Sage Media Group 2022 All Rights Reserved.
×
Authorization
  • Registration
 This feature has been disabled
 This feature has been disabled until further notice, however you may still register
×
Registration
  • Autorization
Register
* All fields required