Antinuclear

Australian news, and some related international items

Australia will have plenty of posturing but little or no new large scale renewable energy

Clean energy victim of political pantomime, Financial Review, by Jennifer Hewett 24 Mar 15 What a fiasco the argument over the Renewable Energy Target has become.

As one senior industry figure laments, it’s now complete political pantomime. No one in the government or Labor wants to concede the reality of what’s happening on the ground in terms of investment.

The result is that Australia will have plenty of posturing but little or no new large scale renewable energy development likely for years to come. No matter what the official target says.

It’s also despite the two sides of politics supposedly moving much closer on the revised number of gigawatt hours required to meet the 2020 target – 32,000 GWh according to the government and 35,000 GWh according to Labor.  Any deal would include full exemptions for emission-intensive industries such as aluminium and steel.

 But after months of talks and industry hopes of an imminent compromise, the politicians so far cannot agree on a deal.

Instead, the whole argument has been diverted into false and emotive arguments about who is for or against climate change. Labor doesn’t want to concede any political vulnerability to the Greens who suggest Labor is reneging on a commitment to combating climate change……http://www.afr.com/opinion/columnists/clean-energy-victim-of-political-pantomime-20150324-1m6j6n

March 25, 2015 - Posted by | General News

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