Hunt learns to love the CEFC but delivers veiled threat on RET

The Environment Minister has given the first sign the government is undergoing a pragmatic rethink of its jihad on carbon reduction initiatives and institutions in light of Clive Palmer's Al Gore moment.

Last night the Minister for the Environment, Greg Hunt, seemed to suggest the government had accepted the Clean Energy Finance Corporation was here to stay, and would now look at how the organisation could support government goals and policies.

At the same time he seemed to deliver a veiled message to the renewable energy industry that if they refused to compromise on the level of the RET, then regulatory uncertainty will remain and investment will be stifled.

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