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Category: Blog

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Why You’re Better off with the Renewable Energy Target

The scheme which began in 2001 under the Howard government and was reinforced under Labor administration has helped lift Australia’s renewable energy production to more than 11% of total electricity generation (still short of the 20% by 2020 target), and has gone a long way to helping alleviate the nation’s significant carbon footprint. The second part of the story, however, and one which is sadly being ignored, is that this investment has actually been pushing the price of power down in the energy market.

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The Far North – Australia’s Renewable Capital?

A state government report has shown that within 10 years the renewable energy sector could be worth over $750 million a year. The report, commission by the state government, shows that the industry is currently worth $100 million a year and employs over 700 people.

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