Dara O'Brien
π€ SpeakerAppearances Over Time
Podcast Appearances
Does it get us to 51% to be straight?
No, it does not.
But what it means is that this economy, which is growing and continues to grow, thankfully, that that economic growth has been decoupled from emissions.
And usually what we would see is that as activity increases, that you'll see emissions increase.
And we're not seeing that.
And this is the fourth year in a row where we're not actually seeing that.
And that's a good thing.
And again, I'd go back to what the EPA were saying in 2018.
which was there would only be a 1% reduction in emissions by 2030.
So why do I say that?
That's not to ignore what they're saying because the EPA are an excellent agency that do really good work, but it's actually showing where we're making significant progress.
And yes, we need to do more and we can do more, particularly on energy.
So if you look at the projection the EPA have there of we're now about 50% of our electricity is generated through renewables.
They're projecting that will be about 60% by the end of the decade.
With the additional and acceleration measures that we brought in, that's more likely to be between 68 and 70 percent by the end of the decade.
So what I'm saying is, yes, 2030 is going to be incredibly difficult.
I don't expect us to hit the 2030 target, but we won't be far off it.
And we'll be reaching that target early in the 2030s.
One of the big reasons for that is offshore renewables.
We'd have a five gigawatt target for offshore wind 2030.