Australia Renewable Energy
From the BBC:
Investment into renewable energy projects in Australia has dropped by 70% in the last year, according to a new report by a climate change body.Frankly, I wouldn't trust anything from a "climate change body" which predicts weather a century from now. However, I do largely trust the local weatherman when he predicts rain for tomorrow.
The Climate Council says foreign investors are going to other countries because Australia's government has no clear renewable energy policy.
Australia has gone from "leader to laggard" in energy projects, it added.
Another new report says Australia will need to raise its carbon emission reduction target to 40% by 2025.