PAX panax geothermal limited

No-one seems to have posted this yet.Government backdown on...

  1. 1,912 Posts.
    No-one seems to have posted this yet.

    Government backdown on renewable energy bill

    http://www.smh.com.au/environment/global-warming/government-backdown-on-renewable-energy-bill-20090816-emb0.html

    "Labor has backed down on its hard line on emissions trading and will split the legislation allowing a vote on its renewable energy target as early as this week."

    "If passed, it would lead to the largest increase in renewable energy in the country's history."

    "The RET section of the ETS bills is designed to come into force from January with the requirement that 20 per cent of electricity generation come from renewable energy sources such as wind, geothermal or solar power by 2020."

    About time. Let's hope there's no more politics on this one at least.
 
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