The Australian Government has released further details on its 20 per cent Renewable Energy Target.
The draft legislation to deliver the Renewable Energy Target includes a new rebate for households, small businesses and community groups that install solar systems.
The 20 per cent target was an election promise and Treasurer Wayne Swan says it builds on the carbon pollution reduction scheme.
"Legislation that we're putting forward today will really turbo charge renewable energy use in this country, particularly solar energy," he said.
"It will build upon the incentives in the carbon pollution reduction scheme to build a low pollution economy with green jobs for the future, whilst protecting our economy."
New 'Solar Credits' program
Treasurer Swan announced the government scrapped its solar panel means test and introduced a new 'Solar Credits' program.
The announcement coincides with news that 2008 was the 15th warmest year on record in Australia.
The legislation includes giving up to $7,500 worth of credits to help pay the up-front cost of installing solar panels.
The Greens say the Government should be setting up a feed-in tariff to guarantee prices, instead of a credits scheme.
But Environment Minister Peter Garrett said the scheme will be a strong incentive for people to install solar panels.
"It will provide the opportunity for not only householders but also for community groups and businesses to take up support for new small scale solar, wind and hydro renewable energy systems," he said.
Climate Change Minister Penny Wong says the scheme will help Australia's economy in the future.
"A key aspect alongside the carbon pollution reduction scheme in reforming our energy sectors, so we can build the low pollution Australian economy of tomorrow, is to drive innovation in our renewable sector, to drive take up in renewable energy," she said.
The opposition argues that the new scheme will cost more and stall the sale of solar power.
"There is a solar short change of up to $5,000. It is extraordinary, it is climate change chaos, it's solar chaos, it's the third position in a year," Opposition frontbencher Greg Hunt said.
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The Australian Government has released further details on its 20 per cent Renewable Energy Target.
The draft legislation to deliver the Renewable Energy Target includes a new rebate for households, small businesses and community groups that install solar systems.
The 20 per cent target was an election promise and Treasurer Wayne Swan says it builds on the carbon pollution reduction scheme.
"Legislation that we're putting forward today will really turbo charge renewable energy use in this country, particularly solar energy," he said.
"It will build upon the incentives in the carbon pollution reduction scheme to build a low pollution economy with green jobs for the future, whilst protecting our economy."
New 'Solar Credits' program
Treasurer Swan announced the government scrapped its solar panel means test and introduced a new 'Solar Credits' program.
The announcement coincides with news that 2008 was the 15th warmest year on record in Australia.
The legislation includes giving up to $7,500 worth of credits to help pay the up-front cost of installing solar panels.
The Greens say the Government should be setting up a feed-in tariff to guarantee prices, instead of a credits scheme.
But Environment Minister Peter Garrett said the scheme will be a strong incentive for people to install solar panels.
"It will provide the opportunity for not only householders but also for community groups and businesses to take up support for new small scale solar, wind and hydro renewable energy systems," he said.
Climate Change Minister Penny Wong says the scheme will help Australia's economy in the future.
"A key aspect alongside the carbon pollution reduction scheme in reforming our energy sectors, so we can build the low pollution Australian economy of tomorrow, is to drive innovation in our renewable sector, to drive take up in renewable energy," she said.
The opposition argues that the new scheme will cost more and stall the sale of solar power.
"There is a solar short change of up to $5,000. It is extraordinary, it is climate change chaos, it's solar chaos, it's the third position in a year," Opposition frontbencher Greg Hunt said.
[start_date] => 17 December 2008 | 03:44:01 PM
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