CWE carnegie wave energy limited

Australia it would seem, is at the crossroads. The next 12...

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    Australia it would seem, is at the crossroads.  The next 12 months will determine how well we deal with the changes that will inevitably occur in the coming years.

    Energy exports being such a big chunk of our export earnings, leaves us in a vulnerable position if we get it wrong.

    "The fossil fuel industry has for decades relied on uninterrupted capital flows. But those capital flows are now being re-assessed – both because the risk/reward investment in new resources is becoming unacceptable, and because competing technologies – wind and solar – are now cheaper and better bets in many parts of the world."

    "energy exports were 28 per cent of Australia’s total exports in 2012-13."

    http://reneweconomy.com.au/2014/lima-leaves-australia-big-oil-with-giant-fossil-fuel-headache-59828
 
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