Subscribe free to our newsletters via your
  Solar Energy News  

Subscribe free to our newsletters via your

Australia invests $760 million in technologies to fight climate change
by Staff Writers
Sydney (AFP) March 23, 2016

Australia will invest Aus$1 billion in clean energy technologies, Prime Minister Malcolm Turnbull said Wednesday, in a stark shift away from his predecessor's climate change policies as an election looms.

Turnbull, long known as a supporter of action on climate change, said the Clean Energy Innovation Fund would be run by two agencies slated for the chopping board under former prime minister Tony Abbott.

"What that is going to do is every year invest Aus$100 million (US$76.1 million) in the smartest, most cutting-edge Australian clean energy technologies and businesses," Turnbull told reporters in Sydney alongside Environment Minister Greg Hunt.

"This challenge of global warming, this challenge of climate change, we will beat... by being really smart, by being technically, technologically, scientifically sophisticated and innovative."

The decision to keep the two agencies, the Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation, came as tensions between Turnbull and Abbott ratcheted up a notch after the latter claimed credit for policies the conservative Liberal-National coalition is taking to the federal election.

Turnbull, who said this week that national polls could come as soon as July 2, slapped down Abbott's comments on Tuesday, saying he was wrong.

But the moderate conservative has struggled to distinguish his policies from Abbott's more right-wing agenda since becoming prime minister in a party leadership coup in September.

On Wednesday Turnbull was criticised by the minor Greens party for unveiling a policy they said cut funding from ARENA.

"Tony Abbott should never be the benchmark for good climate policy," Greens leader Richard di Natale said, the Australian Broadcasting Corporation reported.

"What we need to do is judge this policy against whether it sets out what we need... (the government has) used a tricky political manoeuvre to actually gut funding for ARENA, to change its mandate, to stop it driving the innovation which is necessary."

Canberra is looking to boost spending and growth in non-mining sectors as the country exits an unprecedented resources investment boom that has helped the economy avoid a recession for 24 years.

While Abbott was an advocate for coal, one of Australia's largest exports along with iron ore, Turnbull has sought to strengthen his coalition's green credentials and attended December's UN climate conference in Paris.


Related Links
All About Solar Energy at

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Previous Report
Industry tightens screws on solar panel safety
Melbourne, Australia (SPX) Mar 17, 2016
The renewable energy industry's peak body has introduced new initiatives that will substantially lift the bar on the quality of solar power products sold in Australia. Clean Energy Council Chief Executive Kane Thornton said the changes were the latest in a series of proactive steps by the industry to ensure the absolute highest standards for people buying solar power systems. "Solar ... read more

The flexible way to greater energy yield

Smaller, cheaper microbial fuel cells turn urine into electricity

Generating electricity with tomato waste

Lockheed and Concord Blue to build new bioenergy facility in Germany

Less than meets the eye

Domino's to trial robots for pizza delivery

Hollywood robots: Movie machines may boost robot acceptance

Amputee feels texture with a bionic fingertip

Statoil testing battery storage for wind energy

Small-scale wind energy on the rise

Re-thinking renewable energy predictions

Xinjiang Goldwind now world's top wind turbine producer

Industry calls for fast lane for self-driving cars

US unveils emergency braking deal with automakers

VW dealers in Germany not obliged to take back diesel cars, court rules

Investors sue VW in Germany for more than 3 bn euros

Pumping up energy storage with metal oxides

Could bread mold build a better rechargeable battery?

Advanced energy storage material gets unprecedented nanoscale analysis

Hot rocks: Kenya taps geothermal heat to boost power

France's EDF to decide on UK nuclear plant by May: Macron

China's advanced meltdown-free nuclear plant gets core component

Vessel carrying plutonium departs Japan port for US

Researchers crack 50-year-old nuclear waste problem, make storage safer

Transforming the US transportation system by 2050 to address climate challenges

Economic growth no longer translates into more greenhouse gas: IEA

Long march in Bangladesh against Sundarbans power plant

China emissions goals less ambitious than 2015 cuts: plan

No logging at protected Tasmanian forest: Australia

Regenerating forests create important carbon sinks in the Philippines

Guatemalan conservation group denounces activist's death

New technique tracks 'heartbeat' of hundreds of wetlands

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.