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The Australian Labor party has pledged to reduce Australia’s emissions, generate jobs, and cut power bills if it wins power at the next election. Opposition Leader Anthony Albanese on Friday unveiled the long-awaited emission policy, which he said will help to cut emissions by 43 percent by 2030 and keep Australia “on track for net-zero by 2050.” Albanese promised the policy, dubbed Powering Australia, will create 604,000 jobs, with five out of six of them to be created in the regional area and cut power bills for families and businesses by $275 a year for homes by 2025, compared to today. “Every major economy in the world is moving toward renewables, and if we do not seize this moment to invest in a homegrown renewables sector, Australia will be left out and left behind,” he said. “The Morrison Government is unable and unwilling to rise to this challenge. Labor will, and …