19 July, 2015

With Clean Energy Corporation told to avoid rooftop solar,where does that leave the average punter?


T

he Clean Energy Finance Corporation has been told not to invest in rooftop solar. What does that mean for me?

The CEFC is the "green investment bank" set up by the Gillard Labor government that the Abbott government wants to scrap. It has been blocked in the Senate so instead it wants to narrow the CEFC's mandate by blocking investment in "mature" technologies such as wind farms and solar panels.

The fund, though, exists mainly to find ways to boost the competitiveness of all renewable technologies, from large-scale solar plants to wave and geothermal sources, and energy-efficiency measures.

Read Peter Hannam’s story in today’s Melbourne Age - “Solar panels: What do the federal government changes mean for households.

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