4 years ago
IGNORANT AND MISLEADING ON RENEWABLES REALITY
MARK BUTLER MP
Analysis by Professor Andrew Blakers on renewables and emissions projections doesn’t reflect what’s really happening in the renewable energy industry. The Clean Energy Council has labelled it “ignorant and misleading.”
The high levels of renewables investment over 2017 and 2018 were driven by Labor’s Renewable Energy Target (RET) which has been consistently opposed by the Energy Minister, Angus Taylor, and is now fully discharged.
As a direct result of the Government’s refusal to introduce an alternative national energy policy, renewable energy investment is already down 50 per cent in the first half of this year according to Bloomberg New Energy Finance. The Clean Energy Council has reported that the collapse in investment may even be worse.
Far from the scenario imagined by Professor Blakers, the reality confronting this industry is one of collapsing investment and the loss of thousands of jobs.
The reality is that emissions will continue to rise under a Government that has no climate change plan – their own data show emissions have been rising ever since 2014 and will continue rising all the way to 2030.
The high levels of renewables investment over 2017 and 2018 were driven by Labor’s Renewable Energy Target (RET) which has been consistently opposed by the Energy Minister, Angus Taylor, and is now fully discharged.
As a direct result of the Government’s refusal to introduce an alternative national energy policy, renewable energy investment is already down 50 per cent in the first half of this year according to Bloomberg New Energy Finance. The Clean Energy Council has reported that the collapse in investment may even be worse.
Far from the scenario imagined by Professor Blakers, the reality confronting this industry is one of collapsing investment and the loss of thousands of jobs.
The reality is that emissions will continue to rise under a Government that has no climate change plan – their own data show emissions have been rising ever since 2014 and will continue rising all the way to 2030.