Renewables Key To Economic Recovery in QLD

Climate Council

RENEWABLES KEY TO ECONOMIC RECOVERY IN QUEENSLAND

The Queensland Government's decision to establish a $500m Renewable Energy Fund will create jobs and tackle climate change.

"The Climate Council welcomes today's announcement from the Palaszczuk government. Supporting renewable energy projects will create jobs throughout regional Queensland from Townsville to the Darling Downs, assisting the state's economic recovery," said the Climate Council's Senior Researcher, Tim Baxter.

The Renewable Energy Fund will allow state-owned energy companies to invest in and increase ownership of renewable energy projects like wind and solar.

"Queensland is blessed with abundant wind and solar resources. They will help to reduce power bills for households and businesses, while also reducing greenhouse gas emissions. It's a win-win," said Mr Baxter.

The announcement follows the release of the Climate Council's Clean Jobs Plan which found that more than 2,000 direct jobs could be created in Queensland by investing in renewable energy.

The Plan also found that 20,000 jobs could be created throughout the state with measures like restoring ecosystems, improving energy efficiency and investing in green hydrogen.

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