all<\/a> rising.<\/p>\nThe Crisafulli government has said it remains committed to a net zero emissions target by 2050. Officially, the 2035 target of the previous government to cut emissions by 75% from 2005 levels is still policy.<\/p>\n
But analysis by the Queensland Conservation Council has estimated if the new energy roadmap is put in place, the state will be lucky to achieve to a 50% cut by 2035.<\/p>\n
\u201cIt just isn\u2019t in Queensland\u2019s interest to step away from climate targets,\u201d says Ariane Wilkinson, a Brisbane-based climate and energy policy expert at WWF-Australia.<\/p>\n
\u201cQueensland needs a credible transition plan that ensures our energy security and isn\u2019t tied to unreliable coal and expensive gas.\u201d<\/p>\n
But she says the state\u2019s approach to climate and energy could have other risks. The state\u2019s climate commitments were \u201ca core reason\u201d why the World Heritage committee had decided not to add the Great Barrier Reef \u2013 a multibillion dollar tourism drawcard and major employer \u2013 to Unesco\u2019s in danger list.<\/p>\n
Francesca Muskovic is the executive director of policy at the Investor Group on Climate Change that represents investors managing more than $4tn in Australia and New Zealand.<\/p>\n
\u201cQueensland has a really bright outlook with abundant resources and access to important critical minerals,\u201d she says.<\/p>\n
\u201cThe \u2018future made in Australia\u2019 could be a future made in Queensland. The state should be at the forefront, but the risk is that this isn\u2019t realised. The simple truth is that capital will go where it\u2019s welcome.\u201d<\/p>\n
But she said Queensland was not only likely losing out to other states, but also to global investors \u2013 some of which had raised Queensland\u2019s situation specifically in meetings \u2013 could take their money away from Australia entirely.<\/p>\n
\u201cWe forget we\u2019re in a global race for investment.\u201d<\/p>\n
The Guardian sent questions to the state\u2019s treasurer, David Janetzki, who is also the energy minister, but did not get a response.<\/p>\n","protected":false},"excerpt":{"rendered":"For all involved, it felt like Queensland\u2019s transition away from coal-fired power was happening at speeds never seen…\n","protected":false},"author":2,"featured_media":608015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[192,79],"class_list":{"0":"post-608014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-environment","9":"tag-science"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/608014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=608014"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/608014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/608015"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=608014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=608014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=608014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}