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Protect the RET

Australia is home to some of the best solar and wind resources, which are the natural ingredients for clean, safe, renewable energy that never runs out. The RET, Australia's Renewable Energy Target, was designed to help speed up the adoption of renewable technologies and smooth the transition to a clean energy future.

But the RET is under threat. Big energy players Origin and TRUenergy say we don't need the RET because we're on track to meet the current target of 20% of electricity from renewable sources by 2020. This is great news, but it's not a reason to halt progress or lower our already modest standards.

The public submissions period is right now, so make sure your thoughts are heard: this is our future and we need to save the RET from fossil fuel-reliant companies. Make a submission using our tool on the right.

The CCA has granted GetUp members a special extension until the end of the day on Monday, 17 September. They really want to hear from you because in this year's vision survey GetUp members ranked investment in renewable energy as the number one campaign priority for 2012. Don't worry if you're not across the details; you don't need to be an expert and your submission can be as brief as a couple of sentences, it's the sentiment that matters!

Please ensure you leave the subject line as it is written in order to comply with the submission requirements of the Review.

Here's some discussion points you might want to mention in your submission - The Climate Change Authority finds your individual responses most compelling:

  • Weakening the RET would undermine market stability and investor confidence, making it difficult for future projects to receive funding. Instead, the RET should be remain fixed and stable to maximise investment confidence in new and existing technologies, and then should grow with time to keep up with international competition and drive a smoother and more rapid transition away from fossil fuels.
  • Stimulate aggressive growth by encouraging that the RET remain stable and fixed up until 2020 and then increase to at least 50% by 2030 in order to incentivise project development, strengthen the grid and pave the way to eventual 100% renewable energy.
  • The timing of the RET review is fortuitous as it can take into account not only global trends but also Australia's unique ability to capitalise and excel in this emerging market. However, we risk missing the moment unless we set ambitious targets and goals now. Moreover, a strong target is required to avoid the worst forecasted impacts of climate change.
  • In 2011, a record $260 billion was invested in clean energy worldwide. The RET Review can help ensure Australia can capture our fair share of this booming global market, and make use of our world-class renewable energy resources. [1]
  • Raising the RET is more important than ever given the failure of the Contracts for Closure scheme. It is the most effective pathway towards weaning Australia off its unsustainable addiction to coal.
  • Wind energy recently accounted for 58% of energy in South Australia, which "help(ed) provide farmers and local business owners in regional areas with extra income." Additionally, "the state enjoyed not just by far the cleanest energy in the country, but also the cheapest, with average prices over the day at $43/MWh, compared to more than $52/MWh for NSW." [2]

  • [1] Australian Conservation Foundation Submission to the Climate Authority, 13 September, 2012
    [2] 'Wind accounts for 58% of energy use in South Australia', RenewEconomy, 6 September 2012

NB: by making a submission you agree that it will be provided to the Climate Change Authority who may publish it. The Climate Change Authority privacy policy is available here.

Make a Submission

Final submissions to the Climate Change Authority are due 17 September and it's critical the industry doesn't drown our voices out.

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