Tuesday, August 11, 2020
Home World Australia commits to wind energy after Paris deal

Australia commits to wind energy after Paris deal

Canberra: Australian Prime Minister Malcolm Turnbull on Monday overturned a decision by his predecessor to ban government investment in wind power.

Earlier this year, the former prime minister announced a controversial ban on wind farm investment, in what was labelled a war on clean energy in favor of dirtier forms of power such as coal, Xinhua news agency reported.

But on Monday, a cabinet spokesperson said a decision to allow the Clean Energy Finance Corporation (CEFC) the right to invest in wind power reflected the Turnbull government’s “strong support for renewable and innovation”.

“The mandate puts the CEFC’s focus on new and emerging renewable technologies, rather than supporting well-established technologies that are financially viable without government support,” the spokesperson said.

The news comes on the back of the widely successful climate talk in Paris, where Australian Environment Minister Greg Hunt and Foreign Minister Julie Bishop agreed to Australia becoming one of nearly 200 countries committed to ending the era of fossil fuels.

Last week, Turnbull also revealed his government’s commitment to encouraging innovation and small business, and according to a statement released on Monday, noting that clean energy such as the wind is crucial to the future of innovation in Australia.

Kane Thornton, chief executive of the Clean Energy Council, also praised the decision, telling The Guardian that Abbott’s “war on wind” was a step back, whereas the talks in Paris and Turnbull’s support for innovation was a giant leap forward for clean energy in Australia. (IANS)

(Photo: cleantechnica.com)

STAY CONNECTED

18,960FansLike
362FollowersFollow
1,781FollowersFollow

Most Popular

Reliving The Life Of Abanindranath Tagore

A founding artist of the Bengal school of art, Abanindranath Tagore (1871-1951) has had a profound impact on modern Indian art as we know...

Boost Immunity This Monsoon: The Tasty Way

2020 is unlike any year we have seen and in parts of the country this monsoon is unlike any we have seen. Staying healthy is...

Kohli, Rohit, Dhoni Among Most Popular Cricketers Worldwide: Study

India skipper Virat Kohli's popularity knows no bounds and once again it has been re-affirmed by a study which has revealed that the 31-year-old...

I Have Always been a Hands-on Mom: Raveena Tandon

By Puja Gupta A hands-on mom, Raveena Tandon has not just portrayed impactful and memorable characters in her career spanning over two decades but has...

Know South Africa’s Indigenous Cuisine

By Puja Gupta Food is invariably a universal connector - however, experiencing and sharing-in the food of a different land is a very personal experience. As...

PETA Moves to Delhi HC to Seek Directions to Prohibit Animal Cruelty

People for the Ethical Treatment of Animals (PETA) on Monday moved the Delhi High Court to seek directions to the central government to prohibit...

The Impact of Stress on Skin, Hair and How to Overcome It

By Puja Gupta The lockdown has resulted in stress for a lot of people - stress of being cooped inside for weeks together; the uncertainty...

People Who Play VR Games Can Develop Higher Navigational Efficiency

Adding to the growing list of studies, a new study has said that individuals playing a virtual reality (VR)-based game can develop higher navigational...

Recent Comments