There is so much in play in regards to climate change it's hard to keep track of all the goings on but the recent developments with the agreement for the Direct Action plan I think are somewhat beneficial for CWE if only from an Australian perspective. The government is withdrawing the repeal bills for the CCA, CEFC and ARENA which is definately good news for CWE. CWE's market as we know is potentially very large outside of Australia.
The Australian government no matter who is in office, I think, will be dragged along by the rest of the world to address Climate Change. The G20 now has it included in the agenda much to Mr Abbotts grinding of teeth.
I think the real game changer for CWE is having no change to the RET from the 41,000 GWH that is in place. Clive needs to stay strong to his promise to Al Gore on the 20% 41,000. Bill Shorten is solid on this target I think.
There is so much in play in regards to climate change it's hard...
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