www.cleanenergycouncil.org.au
15 Mar 2012
A Deloitte study of over 40 senior executives from Australian banks, super funds, venture capital firms and major investors has found overwhelming support for future investment through a well designed Clean Energy Finance Corporation (CEFC), according to the Clean Energy Council. The $10 billion CEFC was announced as part of the Federal Government's carbon price package in 2011 and is a way of providing funding for new clean energy technologies such as large scale solar, wave energy and geothermal energy.
Those interviewed indicated that the CEFC should ideally "act as a co-investor to help unlock capital from large institutional investors, major banks and international markets". Clean Energy Council acting Chief Executive Kane Thornton said the $10 billion CEFC would help to overcome the "fear of the unknown" faced by new technologies when they were seeking investors.
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