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Australia: Federal election 2016: Malcolm Turnbull to announce new 'green cities' fund

2016-06-19 10:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: A re-elected Turnbull government would create a new investment fund, worth up to $100 million a year, to boost the use of renewable energy and clean technology in cities such as Sydney and Melbourne. The Sustainable Cities Investment Fund, to be announced by Prime Minister Malcolm Turnbull in Sydney on Monday, would be administered and funded by the Clean Energy Finance Corporation (CEFC). The aim of the fund is to stimulate private sector investment, meaning projects would have to demonstrate...

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