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.
Critics of the concept of a world run on renewables argue the technology is not up to the task. But what is the alternative?
Obama’s 2013 budget revives clean energy agenda; aviation biofuels cost-competitive by 2018?; and Westpac launches Energy Efficient Lease.
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.
In the second of a three-part series, we look at how how China is hitting the limits of economic growth faster and harder than any other country. Little wonder that they are aggressively pursuing clean technology and other measures to reduce the impacts on the environment and to respond to a limited resource supply.
Hybrid solar cells push efficiency rating to 44%; fashionable designs for solar thermal plants, Canberra unveils energy efficiency grants.
Germany invests heavily in renewables because it believes a low carbon economy is a hedge against energy inflation.
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.
South Korea to vote on ETS, wind power surges across globe.
Our grid is less productive, and the ratio of average to peak demand is declining. Time to rethink market incentives.