18 September, 2015

Abbott's demise stokes hope among clean energy providers


T

ony Abbott’s demise has stoked hope among clean energy providers that super funds and other investors will step up investment in renewables, such as solar and wind power.

Investment confidence in renewables took a beating in the past 12 months amid concern that the Abbott government was considering ways to tighten regulation of wind turbine rollouts across the country.

In July the government’s $10 billion Clean Energy Finance Corporation was directed by the Treasurer Joe Hockey to freeze investment in wind projects.

Read The New Daily story -“Give us renewables, super funds tell the PM”.

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