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Summary
- An AUD 2 billion package was released by the Queensland government to boost local renewable energy jobs.
- Around 20% of Queensland’s energy is generated through green energy.
- The dedicated fund would help develop the clean energy hydrogen industry, mining of minerals, solar panels, batteries and so on.
The world is swiftly transitioning from traditional forms of energy to green energy. Amid the transition, a lot of other matters are subsequently experiencing change. Employment is one such matter.
The current energy sector that is majorly dependent upon fossil fuels employs millions of people across the globe.
In a view to help the workforce adapt to renewable energy technologies, the Queensland government recently announced a package of 2 billion Australian dollars to support and boost renewable energy jobs in the state.
ALSO READ: How can a shift in clean energy initiatives spark job creation in Australia?
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The current state of renewable energy sector in Queensland
Currently Queensland has 44 large-scale renewable energy projects. Some are operating, some are under construction, and some have been financed. According to Queensland’s Department of energy, because of these projects, 12.6 million tonnes of emissions are avoided every year. It is estimated that around 20% of Queensland’s energy is generated through green energy.
As the usage of renewable energy increases, electricity prices will fall, according to the energy department. Notably, these projects have generated thousands of local construction and installation jobs.
INTERESTING READ: How Biden Plans To Cut 50% Emissions By 2030
Benefits of the 2-billion-dollar investment
The recent investment in renewable energy sector jobs has been described by the state’s premier Annastacia Palasczczuk,as a “watershed moment” for the state’s economic development.
The dedicated fund would help develop the clean energy hydrogen industry, mining of minerals, solar panels, batteries and so on. In addition, the state authorities aim to increase manufacturing within the green energy sector.
Copyright © 2021 Kalkine Media
Many environmental groups suggest that this move would help Queensland emerge as a leader in the renewable energy sector in Australia. Queensland is likely to become self-sufficient right from mining the minerals for batteries, to processing the minerals, and eventually making batteries and renewables.
ALSO READ: Pockets of investment shooting up in the renewable energy sector.
The new package would also help Queensland to generate more jobs in the clean energy industrial ecosystem. The funds would create a new pathway for local manufacturers across the entire renewable sector, thus, more jobs within the sector in Queensland.
Copyright © 2021 Kalkine Media
The 2-billion-dollar fund aims to help Queensland decrease its annual greenhouse emissions and create more job opportunities for the locals. However, to reach the 2050 “net zero emissions” target, Queensland needs to tighten its grip on renewable energy and induce more effective investments for green-innovative technologies.
