The Low Carbon Growth Plan for Gippsland maps out the lowest cost emissions reductions opportunities for the Gippsland region in south-east Victoria. It explores opportunities in the manufacturing; mining and freight; commercial and services; household; and land-based sectors, and the barriers that are preventing these opportunities from being taken up under business-as-usual.
The Plan demonstrates that Gippsland could save almost $100 million a year across the regional economy while reducing greenhouse gas emissions by up to 10% below 2000 levels by 2020 (excluding the power sector).
Taking into consideration the region's unique position and challenges, the Plan will help the Gippsland community to prioritise those opportunities that best meet broader regional strategic objectives, in order to facilitate the region's transition to a low carbon future.
The Plan was the first region-wide Low Carbon Growth Plan produced in Australia and shows that all sectors have a part to play in the transition to a low carbon economy. It was developed through collaboration with the region's businesses, industry and community, and with support from state and local government.
About the cost curve
The Marginal Abatement Cost Curve (MACC) for the Gippsland region shows that substantial potential exists across every sector of the regional economy to reduce emissions and save money.
Opportunities that improve energy efficiency in the built environment, manufacturing and transport typically save businesses and households money, even after factoring in upfront costs. Land-based emissions-reduction activities can help to improve farming productivity, and some may be eligible for carbon farming credits. The MACC shows that all sectors have a role to play in Gippsland's transition to a low carbon future.
70% of these opportunities are already profitable yet are not expected to be taken up in business-as-usual, indicating that a range of barriers exist.
This analysis excludes opportunities in the power generation sector, which are beyond the control of the region's businesses and households.