Survey finds 87% of Australians think more should be done to make us a top-10 renewables producer, and hints at a renewed rooftop solar boom.
Climate Change Authority chairman Bernie Fraser said he fears Abbott government would be swayed by the fossil fuel lobby’s attack on renewables, and dilute the LRET. He decries the short term nature of policy making, and explains why the CCA made its decision to shunt commercial solar PV into the capped large scale renewable energy target.
The recommendation that the RET be left unchanged is good news, but a number of the CCA’s other suggestions will dampen future solar growth.
The Climate Change Authority says the 41,000GWh target for large-scale renewables should remain – paving the way for a massive build-out of wind farms, and eventually solar farms. But the CCA has fiddled with the rooftop solar component, and that could be bad news for commercial scale solar PV.
It seems everyone is in agreement about the market impact of renewables and their effect on fossil fuels – they lower wholesale market prices and put coal and gas plants out of business. Where opinion differs is on whether this is a good thing for the industry and consumers, or a bad thing. As a cricketer would observe, it’s a spinner’s wicket.