Australia Should Reduce Energy Intensity 30% by 2020, Gillard Study Says

Australia should target a 30 percent improvement in energy intensity by 2020, according to a government report released today by Prime Minister Julia Gillard’s Task Group on Energy Efficiency.

The study reinforces the government’s climate change strategy and the need for a price on carbon, Gillard said in a statement.

The report notes that “by far the most important element in a vision of a step change in Australia’s energy efficiency improvement is the presence of an explicit price on carbon,” according to the statement.

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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