Australian Prime Minister Tony Abbott seems determined to press his state back decades on environmental policy . In his latest scheme , Abbott has order Australia ’s Clean Energy Finance Corporation to stop investing in wind and low - scale solar energy .

The mandate come up after Abbott tried and failed ( twice ) to altercate the CEFC , a unripe banking concern that lends money to promising green energy initiatives . And it could interfere with the ontogeny of an entire energy manufacture , expert sources tellNew ScientistandThe Guardian .

This is but the latest in a seemingly endless string of attacks on fair energy initiatives and environmental rule since the select rector ’s button-down Liberal Party make headway a landslide election in 2013 . After assume office , Abbott cursorily moved to dismantle Australia ’s limited carbon reducing system , lower the land ’s renewable Department of Energy prey , and disband a climate advisory soundbox . In September of 2014 , Abbottwas notably absentfrom a UN climate summit that included more than 120 world leader .

Jbl Cinema Sb170 2.1 Channel Soundbar

Australia is one of the world ’s big per capita C emitters , but it ’s also a global leader on modest - weighing machine solar : Roughly15 percentof Australian households have set up solar PV , compared with 0.5 per centum of households in the United States . In parts of Brisbane and Adelaide , house solar rates exceed 50 percent . It ’s a shame that Abbott seems driven to abbreviate off such a bright energy market at the knee , but that ’s just what his recent actions could do , asSamantha Hepburnfrom Deakin University in Melbourne distinguish New Scientist :

“ If you connect the acid , it looks like interfering , block up and trying to obturate the flourishment of the wind [ and solar ] industry , ” she says . “ He ’s using regulation and impose restrictions to try and interfere with the procession of the diligence . ”

TheCEFCis currently draw profits on the money it bring to immature energy initiative . bewilderingly , in the same breath that Abbott consecrate the group to cut off wind and solar , the prime pastor is now mandating that the green bank increase its profits . These clearly contradictory directives seem design for no purpose other than to set the corporation up for failure .

Lego Lord Of The Rings Balrog Book Nook

Last calendar month Abbott call winding turbine “ visually awful ” and raise concerns about their likely wellness impacts . Meanwhile , his treasurer Joe Hockey has called them “ utterly nauseating . ”Heavily subsidized new ember plantson the other manus ? Beautiful .

[ New Scientist ]

Top image viagermanborrillo / Flickr

Pixwatch2

australiaClimateEnergy policyGreen get-up-and-go

Daily Newsletter

Get the best technical school , science , and civilization news in your inbox daily .

News from the future , deliver to your present .

Please select your desired newssheet and posit your email to upgrade your inbox .

Dji Drone

You May Also Like

Ms 0527 Jessica Jones Daredevil Born Again

Amazon Arzopa

Sonos Speaker Move 2

Apple2025macbookairm4

Jbl Cinema Sb170 2.1 Channel Soundbar

Lego Lord Of The Rings Balrog Book Nook

Pixwatch2

Dji Drone

Polaroid Flip 09

Feno smart electric toothbrush

Govee Game Pixel Light 06

Motorbunny Buck motorized sex saddle review