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Protect Australia's Green Energy Bank

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Protect Australia's Green Energy Bank


Why this is important

The Clean Energy Finance Corporation is Australia's prime renewable energy investment tool created by, and on behalf of, the Australian people. Like the UK, the Australian federal government has created a Green Bank. It invests commercially in large renewable energy projects such as utility scale solar PV, biogas generation, wind and solar thermal. It helps Australian businesses to obtain capital investment and requires a commercial return to the fund. The Australian Liberal National Party wants to abolish it to retain the upper hand of the coal industry. This is against the will of the Australian people which is to take much more direct action on ensuring Australia invests in our renewable energy future.

Posted August 5, 2013
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