Energy Futures Forum releases Final Report

摘要

After two years of research, discussion and debate, the Energy Futures Forum (EFF) released on Tuesday 5th December its final report - "The Heat is On" The Future of Energy in Australia'. The Report covers a wide range of issues for energy stakeholders., to consider, however several key findings in the report include: On the basis of risk assessment, it is likely that the global benefits of avoiding climate change will outweigh the global costs of mitigation (this finding echoes the recently released Stem Review on the Economics of Climate Change). However, Australia's energy intensive and trade exposed industries, such as aluminium and iron and steel, and the regional areas they are based in may be disproportionately impacted. It is projected that both the Australian and World economies will continue to grow when carrying out greenhouse gas mitigation. Furthermore, electricity can be expected to remain affordable for households. While retail electricity prices will increase under carbon pricing by between 7 and 20 per cent by 2050, those increases will be below the change in real income per capita in Australia which is expected to rise by over 100 per cent by 2050.