Articles filed under Energy Policy from Australia
An eleventh hour government decision to retain two-yearly reviews has derailed a new bipartisan agreement that would have reduced the target from 41,000 gigawatt hours of renewable energy production by 2020 to 33,000.
Last week, global funds manager Industry Funds Management, put the renewable energy company, which has wind farm projects in south-west Victoria, up for sale.
Asked if the carbon tax had an impact on disconnections, Ms D'Ambrosio said: "There are a range of factors that have seen an increase in disconnections across Victoria, including cost of energy in Victoria. As reported by the Australian Energy Market Commission last year, Victoria has the highest retail margins compared to any other state in the national electricity market".
In short, if campaigners get their wish and fossil fuels are phased out by 2040, the world will face an energy gap of at least 9.2 billion tonnes of oil equivalent. That is the equivalent of 147 countries with no energy. To illustrate, an energy gap like that would mean that the 56 nations of Africa, the 44 nations of Latin America, the 12 nations of the Middle East and 35 nations in Asia, including China, would have to exist without energy.
A forthcoming Senate inquiry into wind farms has been welcomed by outspoken south-west opponent Annie Gardner, who called for it to include a comprehensive examination of health issues. But the Clean Energy Council described the move as a waste of money in canvassing issues covered by previous investigations.
The new inquiry – the latest in a long list of investigations into renewable energy and wind power – is proposed by crossbench senators David Leyonhjelm and Bob Day and Liberal Chris Back, all of whom have argued for the abolition of the renewable energy target, which underpins wind energy in Australia.
Tony Abbott has won a deal to transform climate change policy after Clive Palmer agreed to support the government’s Direct Action plan, three months after voting to abolish the carbon tax.
A large gallery of wind farm critics cheered on Jim Doukas when he criticised the council’s response to complaints about noise issues relating to the giant Macarthur wind farm. “The report is so light on information and facts it seems like it is bias. Is AGL doing something for us we don’t know about, because it looks that way.”
Labor and the clean energy industry have rejected the Abbott government’s offer of a 26,000 gigawatt hour renewable energy target instead of the current 41,000 gigawatt hour goal.
Australia’s investment in renewable energy projects has slumped below that of Algeria, Thailand and Myanmar, new figures have shown, with the sector “paralysed” by the government’s review of the Renewable Energy Target.
The renewable energy sector has cleverly confused the concepts of economic costs, which are the costs of the resources used to produce renewable energy, with prices. They do this to disguise the real cost impact of the RET on the economy and to make themselves a smaller political target. ...The goal of the RET was never about suppressing prices, but this is now the cause célèbre of the renewable industry.
Electricity use has plunged so much that no new coal or gas baseload power generation will be needed over the next decade to comply with the nation’s famously conservative requirements for ensuring lights stay on.
What conceivable purpose is served by policies which have no effect whatsoever on global emissions but damage our prosperity? And were dangerous climate change indeed in prospect, how could making us poorer facilitate the adjustments Australia will have to undertake?
For Australia’s multi-billion-dollar renewable energy industry, marooned in the doldrums of investment uncertainty, the big calm before the renewable energy target review storm came last week. For two consecutive days a high-pressure system becalmed southeastern Australia, stranding the nation’s entire fleet of wind turbines.
"Scrapping the carbon tax is a foundation of the government's economic action strategy," said Abbott, who once said evidence blaming mankind for climate change was "absolute crap". "A useless, destructive tax which damaged jobs, which hurt families' cost of living and which didn't actually help the environment is finally gone," he added.
Australia’s investment in renewable energy all but dried up in the first half of 2014 amid uncertainty fuelled by the government’s latest review of the mandatory target, according to Bloomberg New Energy Finance.
Western Sydney Liberal MP Craig Laundy agrees the Government cannot create sovereign risk by dumping the scheme altogether and backs revising the policy. He argues renewable energy is a costly and inefficient way to abate carbon but has a place in the economy.
The renewable energy target is subsidising technologies that are already widely used around the world and is at odds with the Abbott government’s crackdown on corporate welfare, according to Queensland’s biggest electricity generator.
Senator John Madigan has attacked the country’s peak medical body for dismissing claims about health effects from wind farm turbines, questioning whether the position is politically motivated. The Australian Medical Association last week released its first official comments on the controversial subject, declaring existing evidence did not show infrasound from the turbines’ action caused adverse health effects.
Given that many poor people rent houses, or cannot afford to install solar panels and the like, they effectively subsidise the wealthier people who can. ...there has been no mechanism to help poor people meet the higher cost of electricity as a result of the RET. Apologists for the RET will make the claim that the extent to which the RET has contributed to higher electricity prices is small - 3-5 per cent. This claim is contentious. It should be noted that the estimate only covers the cost of complying with the RET and does not include the change to wholesale electricity prices.