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Renewable Energy News
The Clean Energy Council (CEC) has welcomed a raft of renewable policy plans from the federal and Victorian Labor parties. Kane Thornton, CEO of the independent industry body, says Labor’s resounding win in the Victorian election ticks off virtually all the CEC’s renewable policy recommendations.
Daniel Andrews’ Labor Government was re-elected in a landslide victory in the Victorian State Election on Saturday. The win means it’s now full steam ahead for Labor’s solar panel and battery rebate program.
Federal Labor is planning a $5 billion fund to future-proof Australia’s energy network and ease the renewables transition under the Labor energy policy. Opposition Leader Bill Shorten will also deliver $10 billion for large-scale renewable capital investment, along with measures to boost energy efficiency for households and businesses.
The federal Labor Party will roll out solar battery rebates for up to 100,000 households as part of an ambitious renewables program if it wins the next general election. Labor will also reintroduce the National Energy Guarantee (NEG) shelved by the Coalition. However, it will add a higher emissions reduction target of 45 per cent by 2030, based on 2005 levels.
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