Australia's renewable energy capacity is set to exceed a target the Federal Government said was impossible to reach by 2020, according to new research from Green Energy Markets.Mind you, it is so hard to understand disputes about energy policy in Australia that I wouldn't be surprised if someone turns up pointing to some misleading aspect of this perhaps overly positive report. I mean, you do get the feeling that each side exaggerates in their own self interest. And as for what the Liberal's National Energy Guarantee even means, let alone an objective assessment of it - well, I have yet to see a good, clear explanation.
In its quarterly Renewable Energy Index, GEM said the amount of renewable energy generated in 2020 was set to exceed the original 41,000 Gigawatt hour (GWh) Renewable Energy Target (RET) that was in place before being scrapped in 2015 by the federal government led by then prime minister Tony Abbott.
The original RET was put in place to help Australia meet its 2030 climate change commitment to cut emissions by 26 to 28 per cent from 2005 levels.
It was replaced by a less ambitious target of 33,000 GWh after the Abbott government characterised the original RET as impossible to achieve, while arguing there was already too much generating capacity.
The GEM study — funded by activist group GetUp — found estimated eligible generation would hit 41,381 GWh by 2020, not only exceeding the current RET, but the original RET as well.
Wednesday, April 18, 2018
Tony was wrong? (Read as sarcasm)