The CEFC balancing act

Despite a good dose of sound economic rationale in the expert review, the jury is out as to whether the Clean Energy Finance Corporation can be introduced effectively.

The expert review on the establishment of a Clean Energy Finance Corporation has attracted both howls of protest and cheers of support. This is not surprising. Vested interests are strong on both fronts.

The report has tried to create a space for the proposed Corporation to be effective but, in doing so, it has been clear on principles whilst remaining unclear on details critical as to whether its existence actually makes for good policy.

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