Governmenty 'dramatically escalates' fight against wind

T

he government has “dramatically escalated” the fight against the wind industry and “undermined Australian jobs” by banning new funding for wind projects The New Daily reports.

“The $10 billion Clean Energy Finance Corporation (CEFC) has been told to stop investing in wind power projects in a move the Federal Opposition has described as a “dramatic escalation” in the Government’s war on wind farms.

“Treasurer Joe Hockey and Finance Minister Mathias Cormann have written to the corporation directing it to change its investment mandate, banning new funding for wind projects.

“The move sparked a furious response from Labor leader Bill Shorten, who said the nation’s clean energy bank would be left to fund “flying saucers” after being told by the government not to invest in wind energy projects.”

Read The New Daily story - “‘War on wind farms’ intensifies as Hockey bans funding”.