Tony Abbott’s intentions clear – wants to scrap the Renewable Energy Target

Abbott’s Praise Of Coal All You Need To Know About Renewable Energy Target Review Clean Technica August 11th, 2014 by Joshua S Hill Australian Prime Minister Tony Abbott initiated a review of the country’s Renewable Energy Target (RET) less than six-months into holding office. Months later, and Australians are waiting with baited breath for former Reserve Bank board member, and arguable climate-skeptic, Dick Warburton and his committee to hand down their recommendations in the next week or so.

However, Tony Abbott’s intentions already seem pretty clear — and if you’re part of Australia’s renewable energy community, or at all interested in Australia contributing to healing planet Earth, then you’re not likely to be too happy…….

in May a report from Bloomberg New Energy Finance found that scrapping the Renewable Energy Target could have dramatic ramifications on consumers and employees if Abbott decides to move that way.

As the time until the review board hands down its recommendations regarding the Renewable Energy Target, I’ve been waiting to see just how bad it will turn out. There is no doubt in my mind that Tony Abbott will move to redraw the RET, but just how far he feels he can go is a matter of opinion…….http://cleantechnica.com/2014/08/11/abbotts-praise-coal-need-know-renewable-energy-target-review/