NTU northern minerals limited

Federal Government lifts Tony Abbott's wind farm investment ban...

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    Federal Government lifts Tony Abbott's wind farm investment ban

    By political reporter Francis Keany, staff

    The Federal Government has lifted a ban on wind farm investment first introduced by former prime minister Tony Abbott.

    Environment Minister Greg Hunt issued new advice to the Clean Energy Finance Corporation (CEFC), requesting a focus on "offshore wind technologies".

    Under the new mandate, signed by Mr Hunt and Finance Minister Mathias Cormann on December 3, the $10 billion fund will be allowed to invest in wind projects, as long as they incorporate "emerging and innovative" methods.

    http://www.abc.net.au/news/2015-12-13/abbots-wind-farm-investment-ban-lifted/7024164
 
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