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What Can Asia and the Pacific Expect From Australia’s New Government?

  • The incumbent Labor government won an emphatic election on May 3, 2025, affirming Australia's commitment to climate action and renewable energy.
  • This result follows the 2022 vote to address climate change and reflects broad consensus, effectively ending major debate about Australia’s energy future.
  • Labor has set a target for over 80% renewable electricity on the main grid by 2030, with strong solar uptake and a battery discount scheme to boost storage.
  • Prime Minister Albanese emphasized that renewable energy presents a chance for collective action to secure the long-term growth and investment prospects of Australia’s economy, including export opportunities.
  • While some Coalition members support nuclear power, this policy faces public and internal opposition, and Australia’s renewables path shapes its role as a clean energy leader.
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Trending News Buzz broke the news in on Monday, May 5, 2025.
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