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Australia: Coalition bans government's clean energy bank from financing wind power

2015-07-12 03:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The federal government has ordered the Clean Energy Finance Corporation (CEFC) not to make any future investments in wind power, instead focussing on emerging technologies, trade minister Andrew Robb has confirmed. Fairfax media reported on Sunday that the treasurer, Joe Hockey, and the finance minister, Mathias Cormann, bypassed the environment minister, Greg Hunt, in issuing the CEFC with the directive. Robb told Sky News on Sunday that that was a total beat-up. Greg was fully cognisant...

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