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Clean energy investment in Australia fell 31% under Tony Abbott

2015-11-02 09:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Uncertainty over the future of Australias renewable energy target under the Abbott government precipitated a 31% drop in clean energy investment in Australia, according to the annual report of the Clean Energy Finance Corporation. The CEFCs chair, banker Jillian Broadbent, noted in a foreword to the report that the 2014-15 financial year saw an all-time record of around US$320bn of global investment in clean energy. By contrast, Australian clean energy investment fell by 31%. Uncertainty...

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