Articles filed under Taxes & Subsidies from Australia / New Zealand
A proposed wind farm near Ballarat will now go ahead, after it was in limbo for 12 months. Energy company Acciona will start building a 128-turbine farm at Waubra in September. The company committed to the project after the State Government announced electricity companies will be required to buy 10 per cent of their power from renewable sources by 2016.
MAJOR power users in Victoria have questioned government claims that a new renewable energy target will add little to their electricity bills.
Renewable energy developer Babcock and Brown says it could invest another billion dollars in South Australia if there is a rise in the renewable energy target.
The Musselroe wind farm is in doubt because of the Federal Government's refusal to provide incentives for energy retailers to buy wind power.
The $230 million project received environmental approval from the Federal Government last October. But since then the Government has decided against lifting its renewable energy targets and that has taken away the incentive for energy retailers to buy wind power.
Mr Kelleher warned that unless renewable energy targets were raised, wind farms would lose importance as a source of renewable energy in Australia. Editor's Note:That's the point. Why subsidize an energy source that does not provide base load capacity and is ineffective in reducing emissions.
Millions of dollars worth of Mid North wind farm projects are being shelved because the Australian Government is holding off boosting renewable energy targets.
TWO wind farms worth a total of $550 million have been shelved and another worth $250 million is at risk because of a lack of support from the Federal Government, a developer says.
WIND farm developments in Tasmania and South Australia worth $550 million have been halted because the Federal Government will not increase incentives for energy retailers to invest in wind energy.
NEVER mind the orange-bellied parrot. Wind energy, one of the ethical investment sector's great success stories over the past decade, has passed its peak.
ONE-TIME senior private secretary to John Howard, Paul McClintock, has been chosen to head a team of business heavyweights advising the federal Government on how to spend $500 million encouraging the development of renewable and low emission-technology projects.
The Victorian Opposition says the Government is planning to prop up the wind farm industry with an unfair tax.
VICTORIANS may be forced to pay more for electricity under a Bracks Government plan to boost "green" energy output.
VICTORIA'S plan to introduce its own renewable energy support scheme has been challenged by low-emissions generation group Origin Energy. Editor's Note: The link below will take you to the complete Origin Energy report.
MELBOURNE, Victoria, AU, March 1, 2006 (Refocus Weekly) It will cost as much as Aus$1 million for each job created under a government wind energy support system, claims a ‘free market think tank’ in Australia.
THE loss of federal energy credits could pose a much greater threat to Tasmania's largest wind farm than delays in local government planning.
"Quixotic" is an appropriate term for Victoria's energy policy. Ostensibly targeted at greenhouse gas emissions, it is also, confusingly, designed to promote an inefficient windmill industry. The outcome can be nothing but trivial in terms of emission reductions but serious in terms of cost to Victoria.
AUSTRALIA's "green" energy sector is planning to protect profits by lobbying for more industry-friendly government policy, banking environmental credits or improving power plant efficiencies.