Carbon markets

Vic Govt commits to VEET scheme

Energy efficiency target to be set at 5.4m for 2015; review mid-year.

Renewables industry concedes ground, but government still asking for 20% RET

The Clean Energy Council has laid bare its willingness to go to 35,000GWh yet Minister Hunt has reaffirmed his 27,000GWh position. However, the government may yet be willing to move.

Labor statement on CEC renewables target position

Opposition welcomes Clean Energy Council move.

Crossbench deal to cut RET may help renewables industry

A deal between the government and crossbench senators to cut the large-scale RET to 32,500GWh may actually work out better for the renewable energy industry than waiting out for a deal involving Labor. It offers greater upside and less risk of no deal at all.

Chile's mines set hot pace on renewables - Australia take note

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The pipeline of renewable projects in Chile is said to be up 18GW, and miners are leading the charge with solar PV and thermal, wind and geothermal equal to or lower than the cost of fossil fuels.

Auctions spur wind and solar in Africa; China looks offshore

The week in clean energy saw notable auctions in Uganda and South Africa while China unveiled plans to develop 10.5GW of offshore wind in three years.

Flawed Lima sets the stage for target tension

All eyes now turn to Australia's emissions pledge process, with the beginning of Direct Action to provide an interesting backdrop as the Coalition tries to manage conflicting expectations.

Trustpower 'committed to Australia'

by AAP
NZ wind farm developer optimistic on RET's longer term future.

Hunt optimistic about crossbench deal on RET

Lambie 'very close' to backing changes; possibility of $700m hydro sweeteners.

Hydro project binned due to RET uncertainty

Meridian pulls out of 37MW north Queensland project

Solar powers on while utility-scale renewables drop away

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The latest data from Green Energy Markets shows solar PV installations powering on at 75MW for November but with QLD in decline. Meanwhile large scale renewable generation market share has been steadily declining thanks to seasonal factors and little new capacity due to RET uncertainty.

Sheep farmer pleas for RET resumption

by AAP
Wind turbines would salvage 100-year-old family property; farmer meets 'brick wall' in Canberra.

CMI announces new chairman

Andrew Grant to head carbon market advisory institute.

E.ON's historic split; South Korea boosts solar size

The week in clean energy saw German utility E.ON split up with itself, Hanwha Solar One expand its capacity by 230MW with a factory in South Korea, and Lima talks drag on.

Poll finds Direct Action doubt

Nearly six in 10 say policy inadequate response from Australia.

Govt, Labor still at odds on RET

by AAP
Butler dismisses new Hunt letter; minister threatens crossbench negotiation switch.

Alcoa calls for urgent RET resolution

Aluminium company says 'struggling' industry needs certainty.

NAB issues $300m 'Climate Bond'

Bank first to issue bond certified as being dedicated to investments that reduce emissions. Will support 1.5GW of wind and solar projects.

Tony Abbott’s Julia Gillard moment

The PM has made an eerily similar 7.30 Report confession as Julia Gillard did several years ago. Does he realise how silly he sounds accusing others of 'intergenerational theft' while claiming the axing of the carbon tax as a great achievement?

Solar persuasion is starting to win in Canberra

Reading between the lines, it’s apparent nearly every MP is tiring of countless delegations, protests, letters, campaigns and distraction on the RET issue – no matter which side of the debate they are on.