AGL RET submission<\/a>. AGL is building the largest Solar power plant in Australia and commented: \u201cLast financial year AGL\u2019s renewable power stations produced 3,952GWh of renewable energy, which is enough to power over 650,000 average Australian homes. We also operate 1,740MW of renewable generation capacity, with a further 155MW under construction at our new solar plants\u201d.<\/p>\nWhile clearly investing in and supporting renewable energy, AGL does express reservations about the achievability of the current targets \u2013 on the basis that future investment are difficult to justify, given \u201cpolicy uncertainty, associated barriers to exit (due to policy uncertainty); declining electricity demand; and the design of the National Electricity Market (being an energy-only market).\u201d They advocate that any RET review and changes to policy should be science-based.<\/p>\n
The flow-on of the RET review\u2019s recommendations (even if they were introduced, but not passed by the Senate in parliament) would cause extensive market uncertainty, a massive decrease in private investment in renewable energy projects (with corporate failures likely) and a significant loss of employment \u2013 and of course a lost opportunity to take an even greater step towards a sustainable energy future and managing climate change.<\/p>\n","protected":false},"excerpt":{"rendered":"
Global climate rallies Estimates of the crowd at the Melbourne climate change march last Sunday ranged from 25,000 to 30,000. The Sydney climate change rally in Bicentennial Park, Glebe, was a more modest affair of about 1000, competing as it did with the Sydney Marathon and a nearby Balmain\/Rozelle event\u00a0to commemorate those killed in the […]<\/p>\n","protected":false},"author":73,"featured_media":22233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[3434,1986,2162,651,1236,1469,585],"tags":[168,1260],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/archive.nofibs.com.au\/wp-content\/uploads\/2014\/09\/G0023975-Aerial-800-400.jpg?fit=800%2C400&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p3t0mw-5My","jetpack_likes_enabled":false,"jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/posts\/22230"}],"collection":[{"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/users\/73"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/comments?post=22230"}],"version-history":[{"count":0,"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/posts\/22230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/media\/22233"}],"wp:attachment":[{"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/media?parent=22230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/categories?post=22230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.nofibs.com.au\/wp-json\/wp\/v2\/tags?post=22230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}