Last ditch effort by coal industry to destroy Australia’s Renewable Energy Target (RET)


“Without the RET you wouldn’t really see wind development …or any renewable energy being developed,”

men-angry1Coal industry in last-minute push against renewable energy goal, SMH  December 19, 2012 Peter Hannam

Carbon economy editor Coal miners have launched a last-minute lobbying bid against the extension of the Renewable Energy Target (RET), releasing a study challenging the policy’s effectiveness.

The independent Climate Change Authority is due to reveal its final recommendations on the RET review at 10am AEDT this morning, in a decision likely to be closely watched by the electricity industry.

The authority’s draft report in October backed the retention of the current settings even though renewable energy sources such as wind and solar power are on course to exceed the goal of 20 per cent of total generation by 2020, arguing changes to the policy would create uncertainty…

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