31 May, 2015

Australia's future renewable energy boundless, but limited by backward looking governments


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ustralia has it all, particularly when it comes to renewable energy.

Sadly, those with the decision making power and with the capacity to change the country’s direction are deeply embedded in and unable to extricate themselves from 20th Century ideas.

In its story - “The heat is on, as Australia plumbs the depths” – Fairfax Media reports that our governments are virtually ignoring the renewable energy just waiting to the accessed.

The story says: “On the face of it, Australia's future is rosy: renewable energy, a World Wildlife Fund report claims, could meet all our electricity needs by the middle of the century – and at a cost little more than 0.1 to 0.2 per cent of gross domestic product.

“Sad to say, none of this deterred the government and opposition from reaching a so-called "compromise deal" last week that slashes the nation's original target of 41,000 gigawatt-hours of annual renewable energy production by 2020 to 33,000 gigawatt-hours.”

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