ENQUIRE HERE
 
< Back to News Archive

 
posted on:
July
12
2015

Wind farm ban will hurt solar, renewable industry says

 

Source: AFR, 12 Jul 2015


The solar energy industry has accused the Abbott government of hypocrisy over a decision banning the $10 billion Clean Energy Finance Corporation from investing in wind power or roof-top solar panels.


Environment Minister Greg Hunt confirmed on Sunday Fairfax Media reports that the government had issued a directive changing the mandate of the corporation, which was established by the Gillard government to invest in innovative carbon emission reduction technology.


He said the government wanted to abolish the corporation but since this was blocked in the Senate it had decided to change the rules.


He said the corporation should steer clear of projects that could be handled by the private sector.


Read More HERE