Tuesday, July 12, 2011

The key but no door to open until 2013!

A Bridge to far?

Giles Parkinson - Climate Spectator

Stephen Sondheim once said that “perpetual anticipation is good for the soul but it's bad for the heart.” The clean energy industry could testify to that, although they would likely add that it’s also bad for business.

Australia’s renewable energy industry has been in a state of perpetual anticipation for some time: Long on promises of a carbon price, renewable energy targets and grants-based assistance, but short on any traction for getting things built.

There is hope that the roadblocks may finally be lifted by the troika of initiatives unveiled in the government’s Clean Energy Future – a carbon price, a new Clean Energy Finance Corporation muscled up with $10 billion in funds, and the creation of the Australian Renewable Energy Agency to bring the myriad smaller programs under one roof and into the hands of an independent, and hopefully proactive and properly resources body.

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