Crikey Says

Dec 19, 2012

Crikey says: watch out for your wind power

Believe it or not: Australian manufacturing jobs rise. And the White House might have brokered a deal on the fiscal cliff. No surprise most of the Fairfax refugees have gone to PR. The woman following your donations to charity. And the big winners and losers from business in 2012.

The renewable energy target has long lived in the shadow of the carbon price; a Dannii Minogue to the tax’s Kylie. But for how much longer?

The federal government’s Climate Change Authority has today given the RET a big slap on the back: an extensive policy review has approved the RET (which mandates that 20% of electricity must come from renewables by 202o). It does suggest a few tweaks, like further cutting subsidies for solar panels.

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