Summaries - Australian Financial Review
Thursday 17/6/2010 Page: 10
Rooftop solar power and hot water companies say limiting household utilities risks a 'boombust' cycle, in reference to the federal government's plans to cap the take-up of household technologies under a 20% renewable energy target (RET). Dux Hot Water general manager Les Patterson said a cap will damage the viability of the industry, and Conergy managing director Rodger Meads urged against capping the small-scale RET. Meanwhile talks between the government and opposition are being followed closely by energy companies that operate wind farms such as AGL Energy and Infigen Energy. A Senate vote will be delayed until next week as Climate Change Minister Penny Wong and opposition energy spokesman Ian MacFarlane discuss the issue.
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