Homework for Bernie Fraser and the Climate Change Authority

The Climate Change Authority has adopted a broad scope for its Renewable Energy Target review, but provided it reads the leading research on clean energy technology, the result should be positive for renewables.

The Climate Change Authority, headed up by former Reserve Bank Governor Bernie Fraser, has decided to take a broad interpretation of its brief in reviewing the Renewable Energy Target.  

This is not great for developing a sense of regulatory stability essential to investor confidence, at least in the short-term.

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