Australia Under Pressure to Curb Natural Gas Exports

The ACCC warns of a potential gas supply shortfall on Australia's East Coast in 2023, recommending the activation of the Australian Domestic Gas Security Mechanism to prioritize local gas needs. Concurrently, the Australian government introduces a climate change policy aiming for a 43% emissions reduction by 2030 and net zero by 2050. However, these targets face challenges, particularly in the electricity and transport sectors, where current progress falls short of ambitious goals. The policy provides some clarity but lacks sufficient measures to meet renewable energy and electric vehicle targets.

What challenges does Australia face in meeting its renewable energy supply target by 2030?

What factors are necessary for increasing the percentage of electric vehicles sold in Australia by 2030?