Copper could fuel renewable development
Townsville Enterprise Limited (TEL) says the development of the Townsville-to-Mount Isa copper-string project across north-west Queensland could become a reality if the Federal Government follows through with its election promise.
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India RE Capacity Could Reach 48 GW by 2015
As part of the National Action Plan on Climate Change, the government has set the target of increasing contribution of renewable energy sources to power generations to ten percent by 2015. Although the installed renewable energy capacity is more than the ten percent – at 16.8 GW – of the total generation capacity of 161.4 GW, the contribution of renewable energy to real power power generated is only four percent.
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RP moves to become Asean’s clean energy leader
The Philippines is pushing to become the clean and green energy leader in the Association of Southeast Asian Nations by harmonizing its energy road maps and ensuring the effective implementation of related laws.
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UK: Offshore wind needs $46 billion financing
U.K. offshore wind power developers need 30 billion pounds ($46 billion) of financing to build the turbines required to help the nation reach its renewable energy objectives by 2020, PricewaterhouseCoopers said.
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Brumby lays down gauntlet on carbon
THE Victorian government will present itself as the national leader in tackling climate change by pledging to cut the state's greenhouse gas emissions by at least a fifth over the next decade.
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Climate omission
THE Prime Minister's recent statement on climate policy covers six main points. First, she asserts her strong belief in man-made climate change, stresses the costs of delaying or not acting to counter it, and emphasises the need to show leadership to chart the way forward and take action to prevent global warming beyond 2 degrees above pre-industrial levels.
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Greens will force through carbon price: Brown
The Greens will force the introduction of a carbon price if it wins the balance of power in the senate, leader Bob Brown promised hundreds of party faithful in Brisbane today.
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Incentives to stop energy guzzling buildings _
Last week it was lean pickings for the green property in election promises so far. By Sunday the worm had turned in the sector’s favour with big welcome news from the Labor Party of a 50 per cent tax deduction bonus for green building work, possibly enough to stave off the inevitable hangover as the stimulus package for construction dribbles to an end.
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Big users fear higher energy costs
BIG business energy users fear continued uncertainty over emissions trading could lead to more dramatic price rises.
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Wartsila Australia: AE solution to diesel engine
The Environmental Services Division of Wartsila Australia is currently installing engines in Australia driven by an alternative energy source - rich oil obtained from a naturally occurring product, the jatropha nut.
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Labor pledges $1bn in energy tax breaks
LABOR has promised business $1 billion in tax breaks on investments in energy-saving measures for commercial building under its latest climate change election promise.
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Climate Policy Paves Way for Controls
The Australian Labor party’s climate protection policies will pave the way for creating limits on carbon emissions, Climate Change Minister Penny Wong said.
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US: We’re Gonna Be Sorry
When I first heard on Thursday that Senate Democrats were abandoning the effort to pass an energy/climate bill that would begin to cap greenhouse gases that cause global warming and promote renewable energy that could diminish our addiction to oil ...
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NZ Releases Strategies for Energy Efficiency
The Government has launched its new drafts for energy efficiency and conservation strategies. According to Energy Minister Gerry Brownlee, the strategies are restructured in order to make them in line with the new policy preferences by the Government. These new strategies will also aim for a better economy of the country.
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UK to announce increase in wind turbines
Chris Huhne, the Energy Secretary, will this week pave the way for a controversial increase in wind turbines in a bid to protect Britain from a looming energy crisis.
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More Investments in RE in China than US
China attracted more asset financing in clean-energy technology in the second quarter than Europe and the U.S. combined, according to Bloomberg New Energy Finance. A clever piece of legislation created the renewable energy bonanza.
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Abbott: miners at risk of Greens' tax
Federal Opposition leader Tony Abbott has vowed to look after the interests of the resources industry during a whistlestop trip to the West Australian mining town of Kalgoorlie.
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Labor's climate plan draws flak
The Gillard government has been accused of leaving its climate change policy to a ''giant focus group'' and proposing pointless power station regulations that would not stop new coal-fired plants being built.
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We must charge polluters to cut carbon
Australia won't be able to meet its targets for reducing carbon gas emissions without charging polluters, Prime Minister Julia Gillard said Friday as she announced her government's climate change policy ahead of elections next month.
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Capturing Value from Australia’s transition to RE
Australia is an increasingly attractive investment destination for renewable energy projects. Australian renewable energy resources including solar, wind, geothermal, bioenergy and marine are world class, yet remain largely undeveloped – with less than 5 percent of Australia’s electricity generation currently provided by renewable energy.
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US Senate deals blow to climate talks
A year and a half after President Barack Obama breathed new life into global talks on a climate treaty, the United States is back in a familiar role -- the holdout.
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Gillard Plans Climate-Friendly Car Rebate
Australia’s Labor government plans to spend A$394 million ($353 million) over the next four years to replace old vehicles with energy-efficient models.
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Greens say coal must go
The Greens want to completely replace Australia's reliance on coal with renewable energy sources such as wind and solar.
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Solar plan raided to pay for guzzlers
AUSTRALIA’S renewable energy industry was reeling yesterday after discovering a $520million budget cut to low-emissions technology in the fine print of Julia Gillard’s ‘‘cash-for-clunkers’’ announcement.
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Spain’s Renewable Energy Heads West
Plagued by Spain’s economic recession and subsidy cuts, renewable energy businesses are following the sun and wind to Latin America in search of profits.
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How FiTs kick-started RE generation
The financial incentives to encourage renewable energy generation, both for use and for export back to the grid, are suddenly starting to look very attractive, and are within the reach of far more people than ever before.
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ASEAN sets ambitious green energy goals
ASEAN Energy Ministers yesterday agreed on an 8 per cent reduction in regional Energy Intensity by 2015, based on 2005 levels.
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Obama blocked on climate
BARACK Obama's push for bold climate change legislation to curb US carbon emissions has been abandoned, after leaders of his Democratic Party accepted they lacked enough votes in the Senate.
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1% geothermal for 26,000 years of RE
Australian scientists claim just by harnessing one percent of the country’s untapped geothermal energy from underground could produce 26,000 years worth of clean electricity power. Australia is the world’s biggest coal exporter and primarily uses coal power to generate nearly 77% of its electricity. But recently the government wants to invest in more renewable sources.
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Greens say coal must go
The Greens want to completely replace Australia's reliance on coal with renewable energy sources such as wind and solar.
Greens Senator Christine Milne said yesterday: “Australia can harness our tremendous resources of the sun, wind, ocean, Earth and human ingenuity to replace our reliance on coal with 100 per cent renewable energy within decades."
Senator Milne said this could be achieved by 2030 with the right preparation and infrastructure
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Solar plan raided to pay for guzzlers
AUSTRALIA’S renewable energy industry was reeling yesterday after discovering a $520million budget cut to low-emissions technology in the fine print of Julia Gillard’s ‘‘cash-for-clunkers’’ announcement.
Ms Gillard said that owners of pre-1995 vehicles will be able to claim $2000 from January 1 next year to upgrade to cleaner cars.
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AGL makes US$ private bond placement
Australia's largest energy retailer AGL Energy Ltd. (AGK.AX: Quote) has made a bond debut in the U.S. private placement market with a US$300 million issue to refinance debt, it said on Friday.
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We have consensus, now we need action
I am an ordinary Australian. I grew up in country Victoria, and moved to the city to go to university. My brother is an engineer, my sister studying to be a physiotherapist. My family are farmers and builders and teachers.
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Emissions action delay, the order of the day
While China may be set to embrace emissions trading to tackle greenhouse gases, delayed action remains the order of the day in the United States and Australia, and at the United Nations.
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Brumby's solar hit... and miss
Victorian Premier John Brumby certainly didn’t miss with the timing of the state’s large-scale solar power plant initiative.
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Sun rises on massive power scheme
UP TO 10 large-scale solar power plants would be built in regional Victoria under a state government scheme to run a quarter of the state on renewable energy by 2020.
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WA must act on solar: Mid West Energy
WA renewable energy development company Mid West Energy is urging the state government to act quickly following a decision by the Victorian government to support solar power projects.
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AGL Raises $300m From US Bond Sale
AGL Energy Ltd., Australia’s largest electricity retailer, said it raised $300 million from its first sale of bonds to U.S. private investors.The Sydney-based company sold $165 million of 12-year notes that it will swap back to Australian-dollar debt paying a margin of 259 basis points more the bank bill swap rate, according to a regulatory filing.
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Gillard accused of failure of leadership on climate
THE Coalition, Greens and a chorus of economists and environmental groups have condemned Labor's new climate change policy.
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Oz PM unveils new climate change policy
Australia's prime minister Julia Gillard has unveiled a revised climate change policy, promising tougher standards for new power stations.
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