Wednesday, 29 February 2012

FED: Renewable energy target scheme passes lower house


AAP General News (Australia)
08-18-2009
FED: Renewable energy target scheme passes lower house

Federal Labor's renewable energy target scheme has passed the lower house .. with the
government using its numbers to defeat a raft of coalition amendments.

The draft laws require 20 per cent of Australia's electricity to come from renewable
sources by 2020.

Political insiders think the Senate is likely to pass the RET later this week.

It's a separate scheme to emissions trading .. and works by forcing electricity companies
to buy a certain portion of their electricity from renewable sources.

But the bad news for customers is that clean energy is more expensive than coal ..

so power bills will rise.

AAP RTV jcd/cdh/wz/psm/

KEYWORD: CLIMATE RENEWABLE (CANBERRA)

2009 AAP Information Services Pty Limited (AAP) or its Licensors.

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