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Solar, wind to beat coal on costs in China, India by 2020
Australia’s biggest coal customers are expected to turn away from fossil fuels because solar and wind energy will provide a cheaper option within 5 years. While Australia looks to stop renewables, India and China are looking at renewable shares of up to 45%. -
Direct Action trashed as “wishful thinking” and unfinanceable
Federal government’s Direct Action policy trashed by Bloomberg New Energy Finance, describing it as an exercise is wishful thinking. This comes as Tony Abbott’s main business advisor Maurice Newman renews his attack on climate science and renewable energy.
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