{"id":10005,"date":"2015-07-13T07:00:11","date_gmt":"2015-07-13T12:00:11","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10005"},"modified":"2015-07-13T07:00:11","modified_gmt":"2015-07-13T12:00:11","slug":"clean-energy-finance-corporation-tony-abbott-defends-decision-to-axe-wind-solar-from-renewables-spending","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10005","title":{"rendered":"Clean Energy Finance Corporation: Tony Abbott defends decision to axe wind, solar from renewables spending"},"content":{"rendered":"

Clean Energy Finance Corporation: Tony Abbott defends decision to axe wind, solar from renewables spending<\/a><\/h3>\n
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Prime Minister Tony Abbott says it is “no secret” he wants the $10 billion Clean Energy Finance Corporation (CEFC) abolished, but while it is still in place it should be as useful as possible.<\/p>\n

The Opposition and the Greens have accused the Government of trying to get rid of the taxpayer-funded\u00a0<\/strong>authority by stealth, by issuing a new directive to stop the CEFC from investing in wind farms and household rooftop solar projects.<\/p>\n

“The Parliament set up this corporation with a very expert board and very expert staff to make these decisions free of political interference,” Opposition environment spokesman Mark Butler said.<\/p>\n

“What we see now is Tony Abbott trying to nobble this corporation for his own ideological purposes.”<\/p>\n

But Mr Abbott says it is not useful for the CEFC to invest in established technologies that can easily attract private funding.<\/p>\n

“The best thing that the Clean Energy Finance Corporation can do is invest in new and emerging technologies, the things that might not otherwise get finance,” he said.<\/p>\n

“That’s why we’ve got this draft direction there.”<\/p>\n

The Government has twice tried and failed to win parliamentary support to shut down the statutory authority, and Mr Abbott has\u00a0previously described the wind turbines as “visually awful”<\/a>.<\/span><\/p>\n

The directive on wind and solar stems from the deal the Government struck with crossbench senators earlier this year to reduce the Renewable Energy Target.<\/p>\n

Part of that agreement said the Government would write to the CEFC to ensure “significantly” increased uptake of large-scale solar, emerging renewable technologies and energy efficiency.<\/p>\n

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…click on the above link to read the rest of the article…<\/p>\n

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Clean Energy Finance Corporation: Tony Abbott defends decision to axe wind, solar from renewables spending Prime Minister Tony Abbott says it is “no secret” he wants the $10 billion Clean Energy Finance Corporation (CEFC) abolished, but while it is still in place it should be as useful as possible. The Opposition and the Greens have […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[2113,7264,3930,41,7263,674,4382,7262,7261],"class_list":["post-10005","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-clean-energy","tag-abc","tag-alternative-energy","tag-australia","tag-australia-broadcasting-corporation","tag-renewable-energy","tag-solar","tag-tony-abbot","tag-wind"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10005"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10005\/revisions"}],"predecessor-version":[{"id":10007,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10005\/revisions\/10007"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}