Antinuclear

Australian news, and some related international items

Abbott Government puts renewable energy projects in jeopardy

Abbott-fiddling-global-warmAbbott risking renewables ‘hiatusBusiness Spectator, 16 Oct, By a staff reporterAcciona Energy chief Andrew Thomson says investment in large-scale renewable energy targets could be put on hold if the Abbott government delayed confirming the Renewable Energy Target, The Australian Financial Review reports.The government is planning to review the RET next year but Mr Thomson said certainty was required to meet the existing 20 per cent, or 41 terawatt hours, target, the newspaper reports….

..Mr Thomson said Acciona’s Spanish parents would redirect capital from Australia as uncertainty reigned.

“There’s no advantage for a country or a market to keep changing the goalposts.”http://www.businessspectator.com.au/news/2013/10/16/renewable-energy/abbott-risking-renewables-hiatus

October 16, 2013 - Posted by | AUSTRALIA - NATIONAL, energy, politics

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