Antinuclear

AUDIO: Jobs, investment at risk if Renewable Energy Target is scrapped

Bloomberg study says scrapping renewable energy target puts jobs and investment at risk http://www.abc.net.au/news/2014-05-26/bloomberg-study-says-scrapping-renewable-energy/5479200?section=business

The global finance giant Bloomberg has warned that any reduction to Australia’s renewable energy target could come at a cost of $20 billion future investment. The media and financial data company’s renewable energy research division has released a report that shows scrapping the target would also put more than 10,000 jobs at risk. An expert panel is currently reviewing the future of Australia’s pledge to produce 20 per cent of the country’s electricity from renewable sources by the end of the decade. Pat McGrath

Source: PM | Duration: 4min 56sec

May 27, 2014 - Posted by Christina Macpherson | Audiovisual