Antinuclear

Victorian Labor pledges to fund renewable energy and to ensure a Renewable Energy Target for Victoria

Vic Labor to fund ‘new energy’ technologies http://www.heraldsun.com.au/business/breaking-news/vic-labor-to-fund-new-energy-technologies/story-fnn9c0hb-1227082408352?nk=6c424c7410ec34b2f61e3ed41d392e3a JOHN CONROY
OCTOBER 07, 2014   The Victorian Labor opposition has identified renewable energy as a key growth sector in a new jobs plan.
Labor’s Back to Work policy released yesterday commits the party to “Establish a $200 million Future Industries Fund to drive the six high-growth sectors.” This fund will support “new energy technologies.”

The party also announced a $200 million Regional Jobs Fund that will support job-creating projects, including “companies investing in renewable energy.”

Friends of the Earth welcome the focus on renewable energy in the lead up to a state election on November 29.

“Renewable energy is a high-growth, job-creating sector globally. Victoria’s economy can benefit from the shift to renewables, but only with political leadership,” said Friends of the Earth renewable energy spokesperson, Leigh Ewbank.

The Back to Work policy announcement comes a week after Labor candidate for the hotly contested seat of Ripon, Daniel McGlone, supported a Victorian Renewable Energy Target. Mr McGlone told The Maryborough Advertiser:

“Daniel Andrews has made a commitment that should the RET be scrapped at a federal level Labor will revist the VRET and re-instate it,” he said. “I’m obviously going to be deeply in favour of that.”

Yes 2 Renewables say credible energy policy must include a state target for renewable energy, saying the renewable energy sector was languishing due to uncertainty around the federal government’s RET.

October 8, 2014 - Posted by Christina Macpherson | politics, Victoria