Solar PV jobs to crash if renewable energy target scrapped
Source: smh.com.au, 29 January 2014
The recent decline of demand for solar photovoltaic panels would accelerate sharply if the Abbott government scrapped the renewable energy target (RET), potentially halving jobs in the industry, new research finds.
The solar PV industry employed about 13,600 as of late 2013, and the number will sink this year to about 12,300 across about 4300 businesses as state-based subsidies are wound back, according to a report for the REC Agents Association, a body representing firms that create and trade in renewable energy certificates.
The solar workforce, though, would dive immediately by 2000 if the government were to end support for the industry by scrapping the RET, with the total number of jobs lost or foregone swelling to 6750 by 2018, analysis of the research by industry group SolarBusinessServices found.
The government will this year review the target of deriving 20 per cent of electricity from renewable sources by 2020.
Prime Minister Tony Abbott and other Coalition figures have lately been critical of renewable energy, saying that it has forced up power prices.