Review of Renewable Energy Target helps fossil fuel lobby, aims to close large scale renewable energy schemes
RET Review panel calls for large-scale, solar schemes to close REneweconomy, By Giles Parkinson on 28 August 2014 The RET Review panel appointed by Prime Minister Tony Abbott has effectively rubber stamped the lobbying of the fossil fuel industry and called for the closure of Australia’s renewable energy target to new entrants as one of two options it is recommending to the government.
It is also calling for the immediate closure, or rapid wind back, of the small-scale renewable energy scheme, which supports rooftop solar and solar hot water. It says this scheme should either close now, or by 2020 at the latest. It also says it should be restricted to installations of less than 10kW – effectively cutting out the commercial-scale solar market. (It was previously open to 100kW systems).
As for the large-scale scheme, the panel says the two options are effective closure to new entrants, or a form of modification to restrict it to a “real” 20 per cent of demand.
If the government accepts either of the recommendations, Australia would become the first country to either ditch a renewable energy target, or wind it back – in much the same way as it was the first to scrap a carbon price.
Abbott is said to be in favour of the most drastic action, which is effective closure to new entrants. He personally appointed the panel, rather than follow the statutory requirements to have the review done by the Climate Change Authority, which just 18 months ago rejected the same arguments that the new panel has now accepted.
Although any legislative changes will be resisted and probably stopped in the Senate, the uncertainty will be enough to kill investment in large scale renewables. Changes to the small scale target could be done without the need for parliamentary approval……..
Here is the full list of recommendations:……..
http://reneweconomy.com.au/2014/ret-review-panel-calls-for-large-scale-solar-schemes-to-close-39648
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