4 March 2019
Here’s our energy efficiency news roundup for February 2019
$67 million investment in energy efficiency to cut costs and emissions
The Morrison Government announced $67 million investment in new energy efficiency measures to help businesses and households reduce their energy costs and emissions. $17 million will fund a range of sensible measures to improve the energy efficiency of buildings and appliances. $50 million will fund a new Energy Efficient Communities Program that will provide grants of up to $25,000 to up to 2,500 businesses and community organisations to help them save energy.
COAG’s support for stronger building energy standards opens the door to higher performance, at lower cost
Energy Ministers agreed to support the Trajectory for Low Energy Buildings, a national plan that sets a trajectory towards zero energy (and carbon) ready buildings for Australia. The Trajectory identifies opportunities for the building sector in the context of a broader trajectory for the sector.
Energy efficiency is a $7.7 billion, 120,000-job opportunity for Australia
A new report by the Energy Efficiency Council, Energy Savings Industry Association and Green Energy Markets has found that improving the energy efficiency of Australian homes and businesses would slash $7.7 billion a year off energy bills. It will also create the equivalent of 120,000 full time jobs and reduce households’ gas use by 940 million gigajoules over a decade.
CEFC and Cbus Property target urban sustainability
The 47-level Collins Arch project on Melbourne’s Collins Street will be equipped with high efficiency air-conditioning and other low-impact technologies thanks to a $100 million investment from the Clean Energy Finance Corporation. It is expected to yield a minimum 20-25 per cent improvement on the development’s carbon footprint.