Labor backs away from Australia RET deal over two-yearly reviews

May 12, 2015
Facebook
Twitter
LinkedIn
Reddit
Email

Australia’s Labor Party will not support a deal on the Renewable Energy Target (RET) over its biennial reviews and the inclusion of wood waste from native forests, despite Coalition announcements that a deal had been reached.

PV Tech reported yesterday that minister for industry and science Ian Macfarlane had announced that the country’s two main parties had reached an agreement to reduce the RET target to 33,000GWh, but according to local reports, opposition environment minister Mark Butler told reporters the inclusion of a two-yearly review would hinder investment in the industry and cause uncertainty.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Butler told reporters: “Unless the government drops that, this deal cannot proceed.

“I thought we had a position of agreement based on the 33,000GWh large-scale target. What the government should do is drop this silliness of re-arguing the case on the reviews, which were dropped months before.”

John Grimes, chief executive of the Australian Solar Council, said the Council fully backs Labor’s position on the reviews and the inclusion of wood waste in the target.

The RET has been reviewed three times in three years and the Coalition government is now pressing for a further review to start in seven months time.

Grimes said another review would “devastate” Australia’s solar industry.

After the recent Coalition announcement that a deal had been reached, Clean Energy Council chief executive Kane Thornton expressed “serious concern” about the retaining of the biennial review, which he claimed the industry had been given repeated assurances would be removed.

However, Labor's backing away from the RET deal is also likely to continue investor uncerntainty for the renewables industry. Thornton said the RET review, which has already lasted for 14 months, caused this uncertainty and hundreds of jobs to be lost.

Read Next

February 13, 2026
Inox Clean Energy has partnered with integrated renewable energy platform RJ Corp to expand into Africa’s renewable energy markets.
Premium
February 13, 2026
PV Talk: Charith Konda, energy specialist at IEEFA, says India’s 2026-27 budget aims to “establish a stronger supply chain within the solar and PV cell and module sector,” but warns that “execution is as important as the policy itself.”
February 13, 2026
Germany’s federal network agency (Bundesnetzagentur) has announced the results of its latest ground-mount solar auction, which closed with bids for more than twice as much capacity as was tendered.
February 13, 2026
AES Indiana, a subsidiary of US utility AES Corporation, has started commercial operations at a 250MW solar-plus-storage plant in Pike County, Indiana, US.
February 13, 2026
The US Treasury’s interim Foreign Entity of Concern (FEOC) guidance is “in line with expectations” according to a US renewable energy supply analyst.
February 13, 2026
Solar PV installations in India have reached a record 36.6GW in 2025, a 43% increase from the previous year’s 25GW.

Upcoming Events

Upcoming Webinars
February 18, 2026
9am PST / 5pm GMT
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA