Posts tagged ‘RET’

Wills MP Kelvin Thomson goes into bat for ARENA and renewable energy

DSC03892-CAM-carbonpricing-2nd-birthday-Kelvin-ThomsonFederal MP for Wills, Kelvin Thomson spoke in the second reading debate for the Australian Renewable Energy Agency (Repeal) Bill 2014 on 28 August 2014 defending the need to maintain low carbon investment support and the Renewable Energy Target.

Thomson highlighted that ARENA has supported more than 190 renewable
energy projects, with more than $1.5 billion in private sector investment. An equal number of renewable energy projects is in the pipeline which might draw up to $5 billion in private sector funding. Rural and regional areas of Australia have benefited through job creation with about 70 per cent of projects in rural and regional areas.

“Experience from renewable energy markets overseas has shown that stable, long-term policy support provides the renewable energy industry with the required incentives to expand the renewable energy market. A clear commitment from the federal government on the policy framework surrounding renewable energy in Australia, such as the renewable energy target, provides the long-term certainty needed to encourage the growth of Australia’s renewable energy industry.”

Globally 144 countries have renewable energy targets in place with 138 support policies, up from 138 & 127 in 2012, while Australia is going backwards abolishing carbon pricing and in winding back renewable energy programs

He attacked the Government for having a “predetermined view of climate change” and that they “do not believe in it—full stop.”

On the Warburton review of the Renewable Energy Target: “The tragedy of the removal of RET is that it will jeopardise around one per cent of GDP in committed capital investment. It is regrettable that we have got a government that is more concerned with the ideological outcome or the vested interest than it is with a sound and visionary policy, which is what the renewable energy target is. This is real sovereign risk, not that bogus sovereign risk levelled at the mining tax or recently by the trade minister when he was talking about the budget in the Senate.” Thomson said.
(more…)

September 1, 2014 at 9:08 pm Leave a comment

Warburton Review recommends slashing Australia’s Renewable Energy Target

Earth Relay for Climate Action - BrunswickNo surprises in the Warburton Review recommendations published this week. The review panel was after all hand picked to return a result the conservative and ideologically driven Abbott Government would be happy with.

Chaired by self confessed climate denier and former chairman of Caltex Dick Warburton, the recommendations involve changing the target by either closing the scheme to new investors or by setting targets based on the growth of electricity demand. The review also called for the outright abolition of the small-scale RET scheme – the scheme that assists solar PV panels installation on domestic houses and small businesses. This change would push up the cost of panels by 50 per cent according to a Sydney Morning Herald Report.

The review was very narrow in focus and did not consider adequately the climate science imperative for rapid climate change action and need to rapidly transition to renewables in stationary energy, and the need to do this as part of the global uptake in renewables, and nor did it assess or model the substantial health benefits and reduced medical costs provided of reduced air pollution.

Link: Warburton Review of the Renewable Energy Target
(more…)

August 30, 2014 at 3:40 pm 5 comments


Share

Petition Dan Andrews on Climate Emergency

Sign the petition to Premier Dan Andrews to declare an Ecological and climate emergency declaration

What Lies Beneath

Read David Spratt’s What Lies beneath:
Spratt-What Lies beneath-cover

Elephant in the Sky

New report on Aviation emissions and Australia, The Elephant in the Sky:
Carter-The-Elephant-in-the-Sky-cover

Climate Reality Check

Read David Spratt's Climate Reality Check:
20160316-Spratt-After-Paris-counting-the-cost-cover

Glasgow, Scotland COP26

UNFCCC climate conferenceNovember 1st, 2021
12 months to go.

Follow Climate Action Moreland on Twitter

This is the current C02 in our atmosphere. We need to get it below 350 for a safe climate.

Current CO2 concentration in the atmosphere

Archives

Visitors to this site