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Articles on Clean Energy Finance Corporation

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A Bill Shorten led Labor government would introduce a two-phase emissions trading scheme. Dan Himbrechts/AAP

Labor unveils phased emissions trading scheme

A Labor government would bring in its emissions trading scheme in two stages, together with a separate scheme for the electricity sector.
A biogas plant in Queensland. NH Foods Oakey Beef Exports

Bioenergy: making money, and clean energy

The government has issued a draft direction to the Clean Energy Finance Corporation to invest in “emerging” clean energy such as bioenergy. But what are the prospects for bioenergy?
Solar thermal technology is still an outside bet - and not the kind of investment the CEFC was set up to make. WorleyParsons/AAP Image

The Clean Energy Finance Corporation is meant to back winners, not minnows

Environment minister Greg Hunt wants the Clean Energy Finance Corporation to focus on new technologies, not wind and solar. But that’s not what it was set up to do, and Australia already has an agency for that.
The Australian government has instructed the Clean Energy Finance Corporation to stop investing in wind. penagate/Flickr

The government should keep its hands off clean energy finance

Can the government tell its clean energy finance body what to invest in? Recent news that the Clean Energy Finance Corporation will be banned from investing in wind farms and small-scale solar suggest that the government is trying to do just that.
More mines, more roads, as the government puts its drive towards economic development ahead of all else. AAP Image/Alan Porritt

There are no green shoots for sustainability in this Budget

Amid talk of paths to surplus and investing in infrastructure, both sides of politics seem to have forgotten Australia’s longstanding responsibility to govern sustainably, and not just for the economy.
Investment in technologies beyond the existing wind and solar could stagnate in the face of the government’s reduced Renewable Energy Target. Rolandg/Wikimedia Commons

How will the reduced Renewable Energy Target affect investment?

After months of deadlock, a deal has finally been reached to reduce the Renewable Energy Target, ending the uncertainty for industry but also risking an already sparse pipeline of future projects.
The renewable energy sector is looking a little gloomy thanks to record low investment. Is RET uncertainty to blame? Stephan Mosel

Why has investment in renewable energy projects stalled?

You may have seen recent reports that Australia’s renewable energy sector is suffering. According to a Bloomberg analysis, investment in the sector in the year to September 2014 was down 70% on investment…
Tony Abbott may have planted a few trees, but he’s also sought to bury many of Australia’s environmental safeguards. Britta Campion/AAPImage

Abbott’s environment agenda is even harsher than he promised

Before the 2013 election, Tony Abbott gave us fair warning that he would turn the clock back on the environment. As promised, his government has devoted itself to short-term economics and the sort of hardline…
After more than a week of delays, the Senate has scrapped the carbon tax. AAP Image/Lukas Coch

Carbon tax repealed: experts respond

The government has succeeded in getting legislation passed to repeal the carbon tax, despite some last-minute doubts cast by the Palmer United Party’s temporary withdrawal of support last week. Today…
Ross Garnaut says Australia is becoming a drag on the international climate effort. Joe Castro/AAPIMAGE

Ross Garnaut Q&A: “There is no doubt Australia is out of step”

Ross Garnaut was the architect of the Labor government’s carbon pricing scheme, which looks likely to be scrapped this week despite last week’s brinkmanship in the Senate. The Conversation asked Professor…
Clive Palmer announced his climate policy at a press conference with former US vice president Al Gore last night. AAPImage/Alan Porritt

AUDIO Q&A: What’s in and out of Palmer’s climate strategy

In a surprising announcement last night Clive Palmer promised to abolish Australia’s current carbon price, and block the coalition’s Direct Action policy. But Palmer has said he will vote to retain the…
Politically, the carbon tax issue has been great for Tony Abbott, allowing him to position himself as a friend to business. AAP Image/Lukas Coch

Climate policy: could it be the boxing Prime Minister’s glass jaw?

Nine years ago, I spent long days inside Downing Street working with the then British Prime Minister Tony Blair on how to position his government on the global climate problem. Blair was keen to work out…
The Senate is becoming a battleground over the Abbott government’s carbon policy. JJ Harrison/Wikimedia Commons

Senate committee draws battle lines ahead of carbon price fight

A Labor-dominated Senate committee has set the stage for the post-July tussle over carbon policy, recommending that Australia commit to much deeper emissions cuts than the current 5% target, and advising…
The Clean Energy Finance Corporation is supporting industry - like the world-leading Sundrop Farms - in a way no other body does. Sundrop Farms

A modern economy needs a Clean Energy Finance Corporation

This week, the Australian Senate is considering the government’s package of “carbon tax” abolition bills – bills abolishing the carbon tax, the Climate Change Authority (CCA) and the Clean Energy Finance…

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