Electricity generation accounts for around one-third of Australia's greenhouse gas emissions. Recognising the important role of renewable energy in reducing emissions, Australia introduced the Renewable Energy Target in 2001.
Originally the target was to source two per cent of the nation's electricity from renewable sources. In 2009, this increased to 41 000 gigawatt hours by 2020.
In January 2011 the Renewable Energy Target was split into two parts:
The Clean Energy Regulator manages these schemes as part of its purpose of accelerating carbon abatement for Australia.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.