Antinuclear

Clean Energy Finance Corporation funds Energy-efficient housing

Energy-efficient housing to get $250m boost from Clean Energy Finance Corporation, Guardian, Lenore Taylor, 8 Feb 16 

The agency, which the government is still seeking to abolish, will fund up to 1,000 homes for low-income earners. The Turnbull government will announce $250m in loans for energy-efficient public housing on Tuesday, funded by an agency it is still seeking to abolish.

The $250m will be provided by the Clean Energy Finance Corporation (CEFC) to community housing providers to fund up to 1,000 new energy-efficient homes for low-income earners.

The government says it would still like to abolish the CEFC but cannot get the legislation through the Senate. Instead it is merging the body into a new division in the environment department called “climate change and renewables innovation”, apparently to reassure Coalition MPs sceptical about the CEFC’s operations that it is working in coordination with Coalition policy……..

Under Tony Abbott, the Coalition sought to ban the CEFC from investing in windfarms and the former treasurer Joe Hockey labelled it a “giant $10bn slush fund”.

After Malcolm Turnbull became prime minister that directive was softened to a request that it focus on “offshore wind technologies” as well as cities and the built environment. Hunt says abolishing the investment bank is still his “long-term” policy…… http://www.theguardian.com/australia-news/2016/feb/08/energy-efficient-public-housing-to-get-250m-boost-from-clean-energy-finance-corporation

February 10, 2016 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, energy