Antinuclear

Australian government standing firm on Renewable Energy Target (RET)

The Coalition has a bipartisan commitment to the 20 per cent RET.
But Mr Combet said a renewable energy target without a carbon price would increase the economic cost of achieving that goal.

Combet rejects calls for Renewable Energy Target changes BY: SID MAHER : The Australian July 25, 2012   GREG Combet has rejected calls for changes to the Renewable Energy Target, declaring the government is committed to what it legislated.

The Climate Change Minister’s comments amount to a direct rejection to calls from industry players such as Origin Energy for the RET’s large scale quota of 41,000TW/hrs of electricity from renewable sources to be reviewed.

Under the RET, 20 per cent of electricity must be generated from renewable sources by 2020.

One of the first acts of the Climate Change Authority – the carbon
czar set up under the carbon pricing regime that started this month –
must review the RET.

Mr Combet also repeated his assertion that the Coalition would not be
able to repeal the carbon tax because it was intricately linked to the
RET.

Without the carbon price, the RET requirement would become much more
expensive….. Mr Combet said an attack on any one of these policies
was an attack on the effectiveness of all of these policies.

The Coalition has a bipartisan commitment to the 20 per cent RET.
But Mr Combet said a renewable energy target without a carbon price would increase the economic cost of achieving that goal.
http://www.theaustralian.com.au/national-affairs/carbon-tax/combet-rejects-calls-for-renewable-energy-target-changes/story-fndttws1-1226434636511

July 26, 2012 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, politics