CLIMATE SPECTATOR: A clean political football
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It seems clear, now that the carbon price has made its way through parliament, that the next policy battleground should be centred on clean energy, and the mechanisms designed to support it. The ideologues have already been at work and sadly it threatens to become as unhinged and error-strewn as the carbon debate.
The government's clean energy policy is currently centred around two basic principles – the 20 per cent renewable energy target (LRET) is designed to deploy the cheapest available renewable technologies, while the Clean Energy Finance Corporation will support the commercialisation and deployment of those technologies that are likely to be the cheapest and the most useful in the future.
The CEFC is seen as critical to the successful deployment of emerging technologies such as large scale solar, or geothermal, and to the successful deployment of clean energy in general, because of the vital role it could play in enabling technologies such as hybrids and grids that some say it should support.