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Coalition sights on clean energy


Source: The Weekly Times, 19 December 2013

The Prime Minister said affordable energy should be one of the nation's comparable advantages and getting power prices "down significantly" would be a key objective of a manufacturing task force he would chair, The Australian reports. 

The RET mandates that 20 per cent of power generation will come from renewable sources by 2020 but energy retailers and some Coalition MPs, including Nationals senator Ron Boswell, have argued for it to be scaled back or scrapped.

Renewable energy, such as wind, solar and hydro-electric power, is currently mandated to be about 10.6 per cent of power consumption, meaning it will double over the next six years.

Some energy executives, including Origin Energy's Grant King, have called for changes, arguing national falls in power consumption will increase the amount of renewable power in the system by 2020 to about 27 per cent.

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