Antinuclear

 The director of emissions and environment at Westpac, Emma Herd, said the passage of the carbon pricing legislation would help investors make long-term decisions about energy projects. ”Renewable energy will become more attractive as the carbon price improves the economics of deploying renewable energy,” she said. ”In the short to medium term, we also expect gas to be a transitional energy source and expect more gas-fired electricity generation projects to be developed.”

The Clean Energy Council policy manager, Tim Sonnreich, said: ”Plenty of people still have the view that renewable energy is a very small percentage of our energy mix. ‘But in South Australia it’s already 20 per cent and that will be the model for the country by the end of the decade.”: http://www.smh.com.au/environment/winds-of-change-for-new-energy-investment-20111116-1njds.html#ixzz1e01bdjUy