Abbott govt’s new Renewable Energy Target ensures uncertainty for renewables
Government’s RET compromise guarantees uncertainty for renewables, Michelle Grattan, The Conversation 8 May 15 As the Abbott government prepares Australia’s post-2020 emissions targets for this year’s Paris conference, the chairman of the Prime Minister’s business advisory council has make an extraordinary intervention in the climate debate.Maurice Newman, writing in the Australian, maintains it’s all a United Nations conspiracy – a power
grab of massive proportions.“This is not about facts or logic. It’s about a new world order under the control of the UN. It is opposed to capitalism and freedom and has made environmental catastrophism a household topic to achieve its objective.” Newman claims that 95% of the climate models that we’re told prove the link between human emissions and global warming “have been found … to be in error”.
In his article he targets Christiana Figueres, the executive secretary of the UN’s Framework on Climate Change, who has been visiting Australia. Newman writes that “there is a real chance Figueres and those who share her centralised power ambitions will succeed.
“As the UN’s December climate change conference in Paris approaches, Australia will be pressed to sign even more futile job-destroying climate change treaties.”…………..
The government was urged by a number of its own backbenchers with renewable energy enterprises in their electorates to get the issue sorted. Earlier this week business groups issued a joint statement calling for a deal at 33,000 GWh. The government had been stuck on 32,000, saying that was its last offer.
The industry was anxious the Coalition did a deal with Labor rather than the crossbench for a new RET because bipartisanship is needed to restore some confidence.
But the two-yearly review of the target would ensure that doubt remained in investors’ minds. The Clean Energy Council, representing a substantial part of the sector, said on Friday night that the issue was not worth resolving if the reviews continued every two years.
Labor promises that if it wins the 2016 election, it would revise the target up. But if the Coalition wins, would the target be cut again? The government hopes the in-principle deal holds so it can see another barnacle scraped of the hull of the Abbott ship.
This has been a saga that, like so many other issues under this government, has been grossly mismanaged.Listen to the latest politics with Michelle Grattan with guest, Greens co-deputy leader Larissa Waters. http://theconversation.com/governments-ret-compromise-guarantees-uncertainty-for-renewables-41524
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