Coalition publishes climate policy discussion paper amid CCA resignations, claims of right-wing, anti-science bias.
Impact of decision of some liable parties to pay penalty rather than meet RET obligation felt in February – although the extent of this was lost in subsequent political volatility. Meanwhile, project commitments continue to flow.
Biggest challenge in moving to 100% renewable energy will be meeting the 2-3 hours of peak demand during evenings. This will require a mix of different technologies and strategies.
Peak renewables bodies are looking to mount a campaign to highlight the troubling implications of ERM Energy’s decision to pay shortfall penalties rather than support new renewable energy projects.
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.
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.
First Solar’s Jack Curtis says “aggressive” investor appetite for Australian big solar could see it deliver up to 4GW of remaining RET.
ASX-listed engineering group joins with ZEM Energy to form new company focused on developing large-scale renewables projects in the race to meet the RET.