As part of its 2019 federal election platform, the Property Council of Australia has called for a road map for affordable and sustainable energy in the built environment.
Chief Executive of the Property Council, Ken Morrison, said coal mines and electric vehicles may have dominated electioneering on energy to date, but better energy efficiency in Australia’s built environment can be the real game-changer.
“Much of our energy debate focuses on the supply side – poles, wires, coal, wind, solar and the like,” Mr Morrison said.
“We need to give more attention to the demand side which, with the right policy settings and incentives, can produce just as meaningful cost savings and emissions reductions.”
The built environment contributes around 23 per cent of Australia’s total emissions. Taking action to achieve greater energy efficiency in our residential and commercial buildings could cut emissions while saving Australian households and businesses more than $20 billion by 2030.
“While there is a lot the industry is achieving on its own, it makes sense for governments to incentivise further action,” Mr Morrison said.