Reports have emerged suggesting that the Turnbull government of Australia is pondering an alteration of the newly proposed Clean Energy Target (CET) to support baseload coal over wind and solar, prompting concern from some industry bodies while others have brushed off the perceived threat.
Australia’s coalition government has secured support from the Labor Party to cut funding for the Australian Renewable Energy Agency (ARENA) from AU$1.3 billion to AU$800 million.
Conservative groups and power industry bodies have made fresh calls to hinder Australia’s Renewable Energy Target (RET) in the wake of the federal election.
Australia’s federal government plans a third AU$1 billion reallocation of money from the Clean Energy Finance Corporation (CEFC), prompting a backlash from solar campaigners.
Australia’s Clean Energy Finance Corporation (CEFC) and infrastructure manager Palisade Investment Partners have announced a new strategy to attract investors at an early stage of renewable energy project development.
Australia is redirecting AU$1 billion from the Clean Energy Finance Corporation’s (CEFC) AU$10 billion (US$760 million) allocation into a new Clean Energy Innovation Fund (CEIF), Australian prime minister Malcolm Turnbull has announced.
The Australian Solar Council has claimed that reported plans to merge the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC) could result in the removal of funding for ARENA.
Employment in Australia’s renewable energy industry fell 27% from its peak of 19,210 in 2011/12, to a total of 14,020 in 2014/15, according to figures from the Australian Bureau of Statistics (ABS).
