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Green bank says clean energy investment hurdles still too high
The Clean Energy Finance Corporation, Australia’s “green bank” warns government that the investment benchmarks for its main fund and Malcolm Turnbull’s pet “innovation” fund are still too high, and don’t reflect the state of global debt markets. -
Abbott war on rooftop solar to drive up cost to homes, businesses
Attempt by Abbott government to stop Clean Energy Finance Corporation co-financing rooftop solar is likely to make rooftop solar a lot more more expensive for those homes and businesses who have yet to install the technology, and who cannot afford to buy the systems outright. -
Giant wind and solar complex to challenge Abbott’s coal plans
A world-leading 1,200MW wind and solar project proposed for north Queensland is competing head to head with a new coal power station proposal favoured by Tony Abbott, who is keen to give taxpayer loans to the coal generator, but not the wind facility. -
Renewables fear the worst as Tony Abbott targets clean energy
The clean energy industry plans a crisis meeting to discuss the future of renewables in as Tony Abbott leads the polls and calls on the Clean Energy Finance Corporation to cease work immediately. A dilution of the renewable energy target would make Australia unique in the world, and there is disagreement on whether concessions should be made.
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