Advice from the Clerk of the Senate warns that any minister trying to block funding for the Clean Energy Finance Corporation or the Australian Renewable Energy Agency without appropriate legislation would risk 'serious legal consequences'.
The Clean Energy Finance Corporation should lend money to electricity network businesses to help them fund activity that reduces demand for power or shifts it to non-peak periods, according to a new study written for the Corporation.
Australia will squander billions if it doesn't have an organisation like the Clean Energy Finance Corporation as 'a player on the field' to optimise the capital cost of decarbonising, its CEO Oliver Yates warned today.
The Minerals Council and the Climate Institute agree that cuts to carbon capture and storage funding are a bad move, but have very different views on what the Budget means for carbon pricing. Plus other Budget reactions.