Opposition leader Bill Shorten has accused the Coalition government of policy vandalism on energy, and committed to an emissions intensity scheme that he insists will deliver Labor’s target of 50 per cent renewables in the country’s electricity system by 2030. In a landmark speech at the Bloomberg headquarters in Sydney on Thursday, Shorten said Australia should […]
Tag: "renewable energy target"
Malcolm Turnbull joins right wing bloggers in blaming wind energy for last week’s blackout. It seems renewable energy will be sacrificed as Coalition admits Direct Action is a farce, prepares the ground for a baseline and credit scheme. And more gas and more coal.
Putting aside its support for coal mining, the Queensland government has done a huge service to clean energy with its RET draft report, which smashes so many renewables myths it’s hard to know where to start.
Queensland panel says 50% renewables by 2030 not just doable, it will be “cost neutral” to consumers and won’t affect reliability. It maps out three scenarios that will add more than 6,000 jobs, more than $5bn to state economy and cost a fraction of Coalition forecasts.
Bloomberg New Energy Finance says Turnbull intervention into energy debate is a “worrying sign” and suggests Coalition could be using South Australia to weaken confidence in renewable energy investment.
Clean Energy Regulator says 2020 RET achievable, but warns retailers to meet their obligations, or be “named and shamed”.
Victoria says Turnbull government has no credibility on climate and clean energy policies, and it will not bow to pressure to scrap or reduce its 40% renewables target.
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.
Labor’s NT election win adds interesting dynamic to COAG energy council, adding yet another state government with a RET more ambitious than federal Coalition.