nuclear-news

Australian Senate delays renewable energy laws

CANBERRA (Reuters) – The Australian parliament’s upper house Senate on Thursday postponed a debate on renewable energy laws until at least August, dashing government hopes of passing the laws by the end of June.

The laws, which set a 20 percent target for renewable energy use by 2020 in Australia’s coal-reliant electricity supply, would unlock up to $22 billion worth of investment in solar and wind projects.

The government and Greens opposed the delay, saying the move would undermine investment in Australia’s renewable energy sector and would lead to job losses.

“The people who are pushing for this delay are the big emitters. I want to see this legislation through, I want to give certainty to the renewable energy industry that they have got their target,” Greens Senator Christine Milne told parliament.

CANBERRA (Reuters) – The Australian parliament’s upper house Senate on Thursday postponed a debate on renewable energy laws until at least August, dashing government hopes of passing the laws by the end of June.

The laws, which set a 20 percent target for renewable energy use by 2020 in Australia’s coal-reliant electricity supply, would unlock up to $22 billion worth of investment in solar and wind projects.

The government and Greens opposed the delay, saying the move would undermine investment in Australia’s renewable energy sector and would lead to job losses.

“The people who are pushing for this delay are the big emitters. I want to see this legislation through, I want to give certainty to the renewable energy industry that they have got their target,” Greens Senator Christine Milne told parliament. Australia Senate delays renewable energy laws – Last News from Earth-Stream.com about Continents

June 19, 2009 - Posted by Christina Macpherson | Uncategorized