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Renewing Australia’s Renewable Energy Target

Australia’s 20 per cent by 2020 Renewable Energy Target was renewed earlier this month by Shadow Minister for Climate Action Greg Hunt, to confirm the country’s commitment to renewable energy.

In addition to this, the government has provided numerous other incentives to support the renewable energy sector including the development of a $10 billion Clean Energy Finance Corporation, the Australian Renewable Energy Agency and a $200 million five year support program the Clean Technology Innovation Program.

For more information, refer to:

http://www.climatechange.gov.au/en/government/initiatives/renewable-target/need-ret.aspx

http://www.cleanenergycouncil.org.au/mediaevents/media-releases/November-2012/121109-bipartisan-RET-support.html

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