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Category: CleanTech Bites

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True cost of Direct Action? $90/tonne to increase emissions

True cost of Direct Action? $90/tonne to increase emissions

Government hails “low cost” of latest emissions reduction auction, but analysts say true cost is a $90/tonne for an increase in emissions.

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ARENA says removal of grant funding widens bridge over "valley of death"

ARENA says removal of grant funding widens bridge over “valley of death”

ARENA says removal of grant funding will make it difficult for new technologies to bridge the investment “valley of death.”

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Graph of the Day: Why the NEM is broken

Graph of the Day: Why the NEM is broken

Solar market expert says NEM is like the latest budget: “transparent for what it really is, suspicious and utterly lacking in vision.”

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Greens pledge $2.9bn to put battery storage in one million homes, businesses

Greens pledge $2.9bn to put battery storage in one million homes, businesses

Greens policy would help 1m-plus Australian households and businesses install heavily discounted battery storage over 5 years.

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AGL Energy to allow customers to fully offset emissions for $1/week

AGL Energy to allow customers to fully offset emissions for $1/week

AGL says electricity customers will be able to fully offset emissions from their electricity supply for $1/week from July 1.

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ACT zero net emissions target fast-tracked to 2050

ACT zero net emissions target fast-tracked to 2050

ACT passes law to bring forward target for net zero carbon emissions to 2050, to complement its recently fast-tracked 100% renewables by 2020 target.

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Solar prices plunge to new lows as Dubai auction nets under 3c/kWh

Solar prices plunge to new lows as Dubai auction nets under 3c/kWh

Solar power breaks new record with bids below 3c/kWh in Dubai auction, as leading critic admits he was wrong about economics of solar.

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RET must be boosted and extended beyond 2020, says CEC

RET must be boosted and extended beyond 2020, says CEC

Clean Energy Council blueprint to decarbonise Australia’s energy sector says government will need to increase the renewable energy target and extend it beyond 2020.

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Rheem says strongly opposes "inequitable" changes to solar hot water rules

Rheem says strongly opposes “inequitable” changes to solar hot water rules

Rheem, Australia’s largest solar hot water company, says it fought against changes to standards which it says are unworkable and inequitable.

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China's BYD, world's biggest EV maker, takes on Tesla in Australia

China’s BYD, world’s biggest EV maker, takes on Tesla in Australia

BYD, the Chinese company that is now the world’s biggest maker of electric vehicles, releases first EV in Australia in challenge to domination of Tesla.

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South Australia says national grid holding back renewables

South Australia says national grid holding back renewables

SA environment minister says outdated grid and “straitjacket NEM” is greatest hurdle to the rapid and efficient growth of renewable energy generation.