What’s happening in New Zealand mimics what happened in Australia 5 or so years ago. The question is, will they learn from our mistakes?
Record low solar panel prices, and the ratcheting-down or removal of policy levers, are sparking a boom in Australia’s residential and commercial rooftop solar markets – but also prompting warnings to consumers to avoid the lure of cheap and nasty products, and installers.
Australia is now pretty much the only major advanced economy where carbon pollution levels are growing.
The Turnbull government’s decision to ratify the Paris Agreement is welcome news so soon after the election of Trump. But there is much tough policy work to be done if Australia is serious about meeting its climate obligations.
Clean Energy Regulator says 2020 RET achievable, but warns retailers to meet their obligations, or be “named and shamed”.
Having obliterated almost all the effective federal climate and renewables policies, the focus is now switching to state-based targets, using the old arguments of higher costs and little abatement.
Suzlon Energy’s Tulsi Tanti says making wind turbines in Australia would be a “win-win”, but market must first demonstrate stability, growth.
BNEF analyst Ethan Zindler says world on verge of substantial solar PV oversupply; bad news for manufacturers, good news for installers, end-users – and Australia.