Antinuclear

Power giants to hit out at renewables, Christine Milne warns, GRAHAM LLOYD, The Australian, September 08, 2011  THE electricity industry was planning a “massive assault” to undermine government policies to promote billions of dollars worth of investment in wind farms and other renewable energy technologies, Greens senator Christine Milne has warned.

Senator Milne’s comments to a renewable energy conference in Brisbane this week coincide with a fresh call by Origin Energy for the government to reconsider the timing of its target of 20 per cent renewable energy by 2020….

Calling on the renewable energy sector to speak out, Senator Milne said an electricity industry backlash threatened many of the so-called “complimentary measures” negotiated by the Greens to secure their support for the federal government’s carbon tax that will be introduced into federal parliament next week.This includes the $10 billion Clean Energy Finance Corporation, which is designed to kick start investment in alternative energy projects…..

Wind power is currently the lowest cost option for electricity companies to meet their obligations under the mandatory renewable energy target.