Transition to a zero carbon economy
The world is undergoing a major economic transition as countries around the world aim to reduce pollution and adopt low carbon alternatives.
We are working to ensure a strong economy and a healthy environment by making sure Queensland is positioned to take advantage of the opportunities and manage the risks associated with this transition.
The Paris Agreement is a global agreement to limit global warming to well below two degrees Celsius (2°C) above pre-industrial times, and as close to 1.5°C as possible. Achieving the Paris objectives involves decarbonisation of the global economy by 2050.
Reducing emissions is a priority for high-carbon economies like Queensland’s. It’s important for Queensland to keep pace with changes happening globally to ensure the jobs and industries of the future are built in Queensland. However, we need to do so in a way that is cost-effective and economically responsible.
The Queensland Climate Transition Strategy (PDF, 2.51MB) sets a vision of a zero net emissions future for Queensland that supports jobs, industries, communities and our environment.
The Queensland Government has made three key climate change commitments:
- Powering Queensland with 50% renewable energy by 2030
- Doing our fair share in the global effort to arrest damaging climate change by achieving zero net emissions by 2050
- Demonstrating our commitment to reducing carbon pollution by setting an interim emissions reductions target of at least 30% below 2005 levels by 2030.
These targets will guide policy and drive the investment needed to put Queensland on the path to a zero net emissions economy.
The Queensland Climate Transition Strategy was prepared in response to your views and outlines practical and achievable actions across three pathways:
- Create an environment for investment shift and innovation.
- Facilitate existing Queensland industries to transition.
- Work with Queensland’s regional communities to transition.
Queensland is well positioned to build on its strengths to develop the bio-economy, expand carbon farming, and work with regional and remote communities.
There is great work already being done by government, business and industry sectors to transition to a clean growth, low carbon economy and the Queensland Climate Transition Strategy will continue to build on this.