Why the coal industry, and many investors, have their heads in the ground. And no, it’s not just because that’s where you find coal.
The debate around the structure and the purpose of the Clean Energy Finance Corporation will be one of the most critical policy debates of 2012. We summarise some of the more important submissions. Meanwhile, concern about the ability to meet the RET may become a self-fulfilling prophecy.
Origin Energy slams grants-based schemes, saying they are a boon to lawyers and consultants, but not for emerging technologies.
Tindo Solar is about to open Australia’s only solar module manufacturing plant, and take on the Chinese. Are they crazy?
UN highlights growing risk of soil depletion to the environment, and to food and water resources, as well as its critical role in reducing emissions. Meanwhile, Australia’s Carbon Farming Initiative is likely to getting off to a slow start – and low international prices will not be a help.
Queensland has unveiled a new renewables plan that displays a startling lack of ambition, and raises fears that it might be about to cut its feed in tariff. It also has little hope for solar thermal, geothermal and ocean energy, and reduced its wind forecasts. Meanwhile, the ACT forges ahead with its solar auction, and will help fund it through contracts for difference.
PacHydro delivers bullish forecasts for solar in Australia, while a new German study reports on massive cost savings from the merit order effect.
easyJet goes electric to reduce runway fuel consumption; UK aims for 22GW solar by 2020.
Hybrid solar cells push efficiency rating to 44%; fashionable designs for solar thermal plants, Canberra unveils energy efficiency grants.
Australia will not go it alone if it deploys the $10 billion Clean Energy Finance Corporation. The biggest cleantech investors in the world, China, US, Germany and Brazil, are using such institutions with even bigger budgets to underwrite their transition to a low carbon economy.