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Renewable energy target needs a rethink
CohoctonWindWatch
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10-12-2009 3:26 PM
214 views
tags:
alternative energy
,
cww
,
industrial wind
,
wind turbines
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/203403d2-fa4d-48ef-be74-27abd3f388d7/AEA3620F-5338-4E1D-A4DB-2308CF2C2E6B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.theaustralian.news.com.au/business/story/0,28124,26195004-30538,00.html" href="http://www.theaustralian.news.com.au/business/story/0,28124,26195004-30538,00.html" style="font-size: 11px;">www.theaustralian.news.com.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theaustralian.news.com.au/business/story/0,28124,26195004-30538,00.html"><STRONG>THE accelerating slump in the price of renewable energy certificates is putting pressure on the federal government to review the structure of the system that supports its renewable energy target.</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theaustralian.news.com.au/business/story/0,28124,26195004-30538,00.html"><P>The price of certificates fell more than 15 per cent last week to $28, its lowest in almost three years, extending a steady slide since reaching a peak of $51 in May and taking the fall since the renewable energy target legislation was passed in August to 30 per cent. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theaustralian.news.com.au/business/story/0,28124,26195004-30538,00.html"><P>Certificates, each representing 1MW hour of renewable energy produced, are the currency generated by the renewable energy target scheme and are supposed to bridge the gap between the price of coal and gas-fired energy and renewables. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AEA3620F-5338-4E1D-A4DB-2308CF2C2E6B/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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