ANU research suggests net cost of achieving Paris targets is zero because renewables are now cheaper than fossil fuels

New research finds Australia is installing renewable energy faster than any other country, a trend that will allow Australia to meet its economy-wide Paris targets five years ahead of schedule if politics doesn’t derail the trend, according to new research from the Australian National University.

While emissions have been rising across the economy since the Abbott government repealed the carbon price after winning government in 2013, they have been falling in the electricity sector because of the closure of ageing coal plants and the rapid uptake of renewables.

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Read More Australia can meet its Paris targets – if government doesn’t hinder progress

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