QUESTION ON NOTICE No 356

21 Mar 2017 9:01 AMMichael Hart
 

MR M HART ASKED THE MINISTER FOR MAIN ROADS, ROAD SAFETY AND PORTS AND MINISTER FOR ENERGY, BIOFUELS AND WATER SUPPLY (HON M BAILEY)— QUESTION: With reference to Question on Notice No. 2306 and the Minister’s response— Will the Minister outline (in table format) a breakdown of the 6,400 - 6,700 full time equivalent positions per year that will be generated by the 50% renewable energy target, broken down into generalised job areas and segregated by operational and construction jobs?

QUESTION ON NOTICE

No. 356

asked on 21 March 2017

MR M HART ASKED THE MINISTER FOR MAIN ROADS, ROAD SAFETY AND

PORTS AND MINISTER FOR ENERGY, BIOFUELS AND WATER SUPPLY (HON

M BAILEY)—

QUESTION: With reference to Question on Notice No. 2306 and the Minister’s

response—

Will the Minister outline (in table format) a breakdown of the 6,400 - 6,700 full time

equivalent positions per year that will be generated by the 50% renewable energy

target, broken down into generalised job areas and segregated by operational and

construction jobs?

ANSWER:

The independent Renewable Energy Expert Panel assessed three alternative

pathways to meeting the 50 per cent renewable energy target.

To understand the economic effects associated with the pathways, the Expert Panel

engaged the Centre of Policy Studies (CoPS) at Victoria University to undertake

economy wide modelling using what’s called a computable general equilibrium (CGE)

model.

I am advised the model seeks to replicate the Australian economy by dividing the

economy into states and territories, regional economies and industries. The model can

then estimate how changes in the economy (e.g., changes relating to Government

policy) will flow through to investment, employment and economic growth.

I am further advised this type of modelling has been used extensively in Australia by

bodies such as the Productivity Commission, Australian Treasury, universities and

consulting firms to estimate the effects of government policy.

As outlined in the Expert Panel’s Draft Report, the modelling undertaken by CoPS

projected that the 50 per cent renewable energy target would result in a net increase

in employment across the Queensland economy. The majority of the increase in net

employment is driven by the increased investment in renewable energy capacity,

estimated at $6.7 billion (net present value) to 2030.

Employment in construction includes the installation of solar panels and framing,

erection of wind turbines and installation of electrical works (wiring and substations).

Examples of employment in construction services include earthmoving for preparing

sites and concreting for foundations for solar panels and wind turbines.

 

 

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