Australian Greens point out the long term value of renewable energy incentives
“The commission has, however, fallen into the trap of only measuring the effectiveness of policies in terms of how much they cut pollution in the short term, ignoring the fact that many of these are very effective industry development policies designed to transform the economy over the long term.”
The Greens are determined to ensure that, alongside a price on pollution, we put in place well-designed policies and funding streams to create a flourishing industry and start building here in Australia the kind of industrial-scale baseload solar power stations that are operational right now in Europe and America.
Party keeps renewable rebates on agenda, THE AUSTRALIAN, Sid Maher and Joe Kelly , June 10, 2011 THE Greens vow to push on with demands for renewable energy subsidies, despite the Productivity Commission finding they have raised the cost of emissions reductions for little gain.
The report endorsed a market-based carbon price as the cheapest way to reduce emissions, but warned of the cost-effectiveness of complementary abatement measures, including wind and solar power, and a shift to biofuels.
While the Greens embraced the findings that Australia was not ahead of the rest of the world, they rejected the findings on alternative green energy sources.
“In a serious debate, this report would help finally put to rest the ridiculous notion that Australia might be moving ahead of the world in putting a price on pollution,” Greens climate change spokeswoman Christine Milne said.
“The commission has, however, fallen into the trap of only measuring the effectiveness of policies in terms of how much they cut pollution in the short term, ignoring the fact that many of these are very effective industry development policies designed to transform the economy over the long term.”
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