sustainability
Our Approach To Sustainability
Geothermal energy is widely used throughout the world and is one of only few renewable energy solutions capable of operating continuously, irrespective of the weather conditions. Replacing high carbon emitting energy sources such as coal, gas and oil-fired power with renewable energy sources, including geothermal energy, will significantly reduce carbon emissions.
With a focus on developing its geothermal assets, Earth’s Energy can contribute to the transition to low carbon emissions electricity supply.
In 2022, the Australian Federal Government released new legislation, the Climate Change Act 2022, to accelerate the country’s decarbonation strategy in line with the Paris Agreement. The legislation set the following greenhouse gas emissions (GHG) reduction targets:
- reducing Australia’s net greenhouse gas emissions to 43% below 2005 levels by 2030
- reducing Australia’s net greenhouse gas emissions to zero by 2050.
Earth’s Energy believes that geothermal energy can have a significant role to play in achieving Australia’s decarbonisation strategy.
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