08 October, 2016

ACT's renewable energy target broke investment drought, report finds

The Australia Institute has found
 the ACT's renewable energy target
helped break a drought in wind
farm investment, caused by
federal uncertainty. 
The ACT's leading renewable energy target helped break a 16-month investment drought caused by federal uncertainty, a new Australia Institute report has found.

The think tank's Carbon Emissions Index report was released on Friday morning, timed to coincide with an urgent meeting of state, territory, and federal energy ministers in Victoria.

The Australia Institute and consultancy Pitt & Sherry found the ACT's 100 per cent renewable energy target helped drive investment in two wind farms, one in Ararat in Victoria, and another in Hornsdale, South Australia.

No comments:

Post a Comment