Articles on Renewable Energy Target

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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.
Wind energy will not cost Australians billions of dollars. David Clarke/Flickr

How much does wind energy cost? Debunking the myths

Wind energy is already competitive with fossil fuels, will reduce electricity prices for consumers, and will play a large role in reducing Australia's greenhouse gas emissions.
A new Grattan Institute report suggests solar panels in Australia might be more trouble than they are worth. Duncan Rowalinson/Flickr

Given the value of emissions cuts, solar subsidies are worth it

The Grattan Institute has reported that the costs of solar panels have outweighed the benefits by almost A$10 billion in Australia. But the real benefits of cutting greenhouse emissions are much larger.
Wind farms in the pipeline could fill out Australia’s renewable energy target, leaving no room for other sources. Lawrence Murray/Flickr

Renewable energy deal gives no certainty over coming decades

While Australia has reached a deal on the Renewable Energy Target, there's no long-term certainty for the sector yet.
Tony Abbott and Greg Hunt at last year’s Green Army launch. Funding for the initiative has been slimmed down but is still more than A$700 million. AAP Image/Britta Campion

Federal Budget 2015 – environment experts react

The Federal Budget 2015 makes little mention of emissions reductions or renewable energy, but does feature funding boosts for drought assistance and the Great Barrier Reef. What else is in?
Maurice Newman, chairman of the Prime Minister’s business advisory council, has written that climate change is a United Nations power grab. AAP/Julian Smith

Government’s RET compromise guarantees uncertainty for renewables

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.
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.
Bjorn Lomborg seems to irritate the hell out of many environmentalists. AAP Image/Alan Porritt

Bjorn again

Bjorn Lomborg seems to inspire anything but consensus, but is his approach all that bad?
Australia likely has several decades of coal left in it yet. eyeweed/flickr

Four ways to boost Australia’s economy that can help the climate

Australia likely has decades of fossil fuels left to extract, export and burn. That could prove to be a problem if the world comes to an agreement on climate change. Here's four ways to help the economy, and the climate.
You didn’t need a onesie to get hot under the collar about sharks in 2014. AAP Image/Theron Kirkman

2014, the year that was: Environment + Energy

Want a single word to sum up environmental affairs in 2014? Let’s go with “heated”. The year began with the realisation that 2013 was Australia’s hottest ever (and yes, it’s because of us), and ended with…
The Climate Change Authority has recommended giving Australia more time to hit its renewable energy target. AAP Image/Angela Harper

Climate Change Authority calls for delayed renewables deadline

The Climate Change Authority has recommended that the government move back the deadline for the large-scale Renewable Energy Target by three years, from 2020 to 2023, rather than risk jeopardising investment…
Environment minister Greg Hunt has said uncertainty about the RET is hitting investment in the renewables industry. AAP/Paul Miller

Government makes new call for urgent RET talks

The government has again appealed to Labor to immediately recommence negotiations over the renewable energy target (RET…
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…
Protesters say the government’s planned cuts to the Renewable Energy Target will endanger Australian jobs in the sector. AAP Image/NewZulu/Josephine Lim

Why fixate on 20% renewables? It’s never been the actual target

Labor has walked away from negotiations with the government over changes to the Renewable Energy Target, saying the proposed cuts of almost 40% are too deep. Industry minister Ian Macfarlane says he is…
China’s embrace of technologies like solar roofs has seen it become the world’s biggest renewable energy investor. Climate Council

Australia is losing ground as the climate policy race gains pace

Climate change, now belatedly added to the agenda for this month’s G20 meeting in Brisbane, is a perennial topic whenever leaders gather for international summits. That’s understandable, given that countries…

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