Australian government essentially crushing its clean energy industry
Skyline of Perth, West Australia (source: flickr/amandabhslater, creative commons)
Alexander Richter
27 Eki 2014
Bloomberg informs via Renewable Energy World that Prime Minister Tony Abbott’s government is looking to reduce the renewable energy target (RET) and could effectively dismantle the renewable energy sector in Australia.
More developments regarding the renewable energy sector in Australia have been done by Jason Scott (Bloomberg) via Renewable Energy World.
In the article, it is detailed that Prime Minister Tony Abbott’s government is looking to reduce the renewable energy target (RET) and allow the exemption of smelters regarding CO2 emissions.
These are indeed bleak news, specially for the geothermal sector, enduring not only the global economic crisis but also the reduction of the RET.
Quoting from the article, “The move to lower the RET comes after Abbott in July fulfilled his election pledge to scrap the nation’s price on carbon, leaving Australia without an approved mechanism for limiting emissions. The Australian Conservation Foundation said in a statement the proposal to scale back the RET would crush growth in the nation’s clean energy industry.”
To read the full article, please follow the link below:
Source: Jason Scott (Bloomberg) via Renewable Energy World
