The CEFC: A good first step

No new energy technology has ever been developed without the help of governments, so it's time to stop looking at support for renewables as something new or unpleasant.

A recent report by Deloitte, based on consultation with over 40 senior executives in Australian banks, super funds, venture capitalist firms and major investors, has revealed that they see clean energy as a good bet. This should come as no great surprise: last year, local investments in renewable energy totalled $5.2 billion, while globally the pool reached more than $260 billion.

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