Australian news, and some related international items

New South Wales Liberal Premier pleased about Clean Energy Finance Corporation for Sydney

NSW wins multi-billion dollar clean energy deal  By Malcolm Farr, National Political Editor, arch 07, 2012 
Sydney to host Clean Energy Finance Corporation
Premier O’Farrell happy despite opposition to clean energy fund
“This is good news whichever way you look at it”
NSW Premier Barry O’Farrell is torn between opposing the Federal Government’s carbon pricing and his pride in Sydney’s selection as host of a multi-billion dollar clean energy fund.
The Liberal Premier welcomed the announcement that Sydney will be home
for the Clean Energy Finance Corporation, even though he wants the
Coalition to scrap the $10 billion fund should Tony Abbott win power.
Mr O’Farrell joined Prime Minister Julia Gillard to make the
announcement which he said endorsed Sydney as Australia’s commercial
and financial capital.
“This is good news because this city has the skills that can make this
finance corporation work, not just in this city but for the whole of
Australia,” Mr O’Farrell said of the fund and the 40 extra jobs it
will directly create.
“This is good news whichever way you look at it,” he said.
When reminded he and his Government oppose the Federal Government’s
climate change policy, the Premier said: “As a parliamentarian I
respect Parliament.
“The legislation has been passed. This is a decision by the federal
Government to allocate funds to this corporation and I’m delighted
that the corporation and its jobs are coming to NSW.”
Julia Gillard called it “a good win for Sydney” because of its
financial and professional networks, the high number of other
investment funds based there, and its collections of university
research facilities.
“The fund will unlock our clean energy future,” said the Prime Minister.
“Our Treasury tells us we will see $100 billion of new investment into
renewable energy between now and 2050.
“So the Clean Energy Finance Corporation is going to be a part of
making sure that we realise the clean energy future, that we use our
abundant sunshine, our tidal power, our wind power and our other
sources of clean energy.”

March 9, 2012 - Posted by | New South Wales, politics

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