Treasurer Wayne Swan last night set out revised CPRS costings and unveiled a nine-year, $2bn program to develop flagship CCS projects coupled with a six-year, $1.5bn push to generate 1,000MW from four solar power stations.
The Federal energy department has commissioned international and national experts to develop 'clean energy technology cost curves' to inform policy-making and market decision-making in Australia, says departmental chief Drew Clarke.
Prime Minister Kevin Rudd and state and territory leaders yesterday agreed to develop a national energy efficiency strategy and to expedite development of 'consistent' regulations for carbon capture and storage. Meanwhile, South Australian Premier Mike Rann lobbies for new commercial buildings to be 'zero carbon' by 2019.
Professor Ross Garnaut this morning handed to Prime Minister Kevin Rudd an all-embracing set of policy proposals to combat climate change. Garnaut warned that a failure by this generation to deal with climate change 'would haunt humanity until the end of time'.