Antinuclear

Despite huge renewable energy resources, Australia is way behind in clean energy

Australia lagging in clean energy investment,  ABC News (Australian Broadcasting Corporation), By  Sarah Clarke  Mar 26, 2010 A global analysis of clean energy investment has found that Australia ranks 14th on the list of G20 countries, behind Mexico and Turkey.The US-based Pew Foundation study found China was the biggest investor in projects such as renewable energy plants – including solar and wind – investing $34 billion last year….
John Connor from the Climate Institute says the Federal Government needs to drive greater investments in projects like renewable power.

“It’s a tragedy that we have got such rich resources in renewables in solar, wind, biomass, waves – you name it,” he said.

“But without clear directions, and the course of the political squabbling that we’ve seen, we’re not seeing that investment come forward.

“We need a limit in price on pollution and we need other incentives as well.”

Globally clean energy investments have increased by 230 per cent since 2005.

Renewable power produces 6 per cent of global energy needs.

Australia lagging in clean energy investment – ABC News (Australian Broadcasting Corporation)

March 26, 2010 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, climate change - global warming, energy, solar, wind | Australia, climate change, climate change - global warming, energy, reneweable energy, solar, wind