16 Sep '13, 12pm

ANALYSIS: Incoming Abbott government not seen as long-term threat to wind #green

ANALYSIS: Incoming Abbott government not seen as long-term threat to wind #green

On 7 September, Australia went to the polls and turfed out the largely wind-supportive Labour government in favour of the Liberal coalition led by Tony Abbott. Even before the election, some of the rhetoric from leading liberal politicians was anti-renewables and climate change. The Liberal party pledged to remove the year-old carbon tax, close down the publicly funded AS$10 billion Clean Energy Finance Corporation (CEFC) and review the renewable energy target (RET), not scrap it. Australia's RET is a federal government policy designed to ensure at least 20% renewable electricity by 2020. The 12-year old policy has cross party support and legislation includes a two-yearly review, next due in 2014. "The incoming coalition government has demonstrated its commitment to renewable energy through its ongoing support for the current renewable energy target, which is the primary d...

Full article: http://www.windpowermonthly.com/article/1211961/analysis-...

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