It's "open slather" for the clean energy sector after a bipartisan deal was reached on a pared-back renewable energy target.
Industry Minister Ian Macfarlane isn't convinced the industry can meet the new goal and has insisted the scheme by monitored by the government-funded Clean Energy Regulator.
The monitoring is in exchange for the scrapped two-yearly legislated reviews of the target.
The move paved the way for a coalition-Labor agreement to slash the 2020 target from 41,000 gigawatt hours to 33,000, which Mr Macfarlane believes will still be an enormous challenge for the sector.
He advises the industry, especially large-scale wind, to get very busy or risk defaulting on the pared-back scheme.
If targets aren't met penalties imposed on energy companies would likely be passed onto consumers.
"Those safeguards in place for consumers, it's open slather for the industry to get out there and build this 33,000 gigawatt hours of generation," Mr Macfarlane told ABC radio on Tuesday.
"We have our concerns about the ability of the industry to build in five years, what it's taken 15 to build already."
Mr Macfarlane believes the real pressure is on the wind industry, which will struggle to build enough towers and secure agreements in an over-supplied electricity market.
The viability of the scheme will become evident in around 2018, he said.
Labor's environment spokesman Mark Butler admitted the 33,000 target was an ambitious task for an industry that lost more than a year of investment.
"Unfortunately (33,000GWhs) was probably an inevitable result given Tony Abbott's reckless attack on the industry last year," he told ABC radio.
Labor will look at topping-up the target if elected to government.
It will also strenuously oppose the government's decision to include wood waste fuel as a renewable source.
The government believes it can win crossbench Senate support for the inclusion.
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