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$1 trillion solar, wind finance to outstrip oil and gas industry
Renewable energy finance vehicles, YieldCos, likely to rapidly outpace their fossil fuel rivals, and represent more than $1 trillion of investment in coming years. Another sign of the global investment shift to wind and solar, a trend that could bypass Abbott’s Australia.8 -
CEFC could deliver half Australia’s CO2 cuts, and make money
The under-siege CEFC says it could achieve half of Australia’s emissions reductions out to 2020, at no cost to the taxpayer – and still return money to the struggling Federal Budget. So will ideology and sloganeering triumph over smart policy? -
Tony Abbott may need CEFC to save Direct Action
Tony Abbott faces a near impossible task tailoring Direct Action to meet current and future emission reduction targets. The CEFC could deliver abatement at negative cost to the government, and help solve its problems about what to do with ageing coal assets.
