Tuesday 2 March 2010

New target scheme

Adelaide Advertiser
Saturday 27/2/2010 Page: 29

THE Federal Government has made changes to its renewable energy target scheme so it can exceed the 20% target by 2020. Market demand for the scheme from new large-scale projects, such as wind farms and solar energy plants, has stalled partly because the government used it to reward households installing rooftop solar panels with an $8000 rebate. The government intends from January 2011 splitting the scheme into two parts: one for large-scale projects and a second for small scale technologies.

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