Without Clean Energy Target, Australia’s booming renewable energy will flounder: Frydenberg prevaricates
Renewable energy booming but could soon turn to bust, analysts warn, The Age, Nicole Hasham , 27 Aug 17
Australia produced enough renewable energy to power 70 per cent of households last financial year, new data shows, but advocates warn the booming industry will flounder unless the Turnbull government commits to a clean energy target.
The government is sharply divided over whether to adopt the target, the central recommendation of Chief Scientist Alan Finkel’s review of the national electricity market…….
Mr Frydenberg cited Clean Energy Council figures showing there was a record $8 billion of renewable investment underway, delivering more than 4000MW of new renewable generation capacity.
He has previously said the clean energy target, if implemented, would not come into effect until 2020 so there was “no rush” for the government to make a decision……http://www.theage.com.au/environment/energy-smart/renewable-energy-booming-but-could-soon-turn-to-bust-analysts-warn-20170825-gy4egf
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