A $450m Victoria wind project gets financial go-ahead one day after RET legislation passed, as federal government waives through another major wind project and more wind farms rush to secure financing.
Tag: "renewable energy target"
Glenn Lazarus on Australia’s renewable cut-backs: “I do not think any of us need to be Einstein to work out the absolute stupidity in all of this. I am an old forward from way back, and even I get it.”
Are renewables pushing up the cost of electricity? That’s the claim made by Alan Moran in an opinion piece for the Australian Financial Review this week.
Fate of Austalia’s RET in balance once again as Abbott vows to appoint wind commissioner, listen to Senate inquiry, and have CEFC push big solar.
Environment minister Greg Hunt refuses to endorse wind farms, saying health impacts will be decided by Senate inquiry. On the future of wind energy in Australia, Hunt also refused to be drawn, pointing only to the falling cost of solar.
50 Shades of Grit: Tony Abbott wants new coal generators and now admits he wants to kill the renewable energy target – and he may be just one vote away from being able to do so. That has serious implications, because it will likely extend the uncertainty that has plagued the clean energy industry in the past 18 months.
The Abbott government may be in its death throes, but it is still determined to do as much damage to the renewable energy industry as it can. It still wants to cut the RET by one third, and dump agencies such as the CEFC and ARENA, and now it is targeting solar.
The RET has gone through a variety of iterations over its lifetime, but never has it been officially defined in terms in terms of a percentage target.