$41bn blow from green power push

Original article by David Crowe
The Australian – Page: 1 & 6 : 7-Oct-16

Preliminary figures produced by the federal Department of Environment & Energy show that Queensland would require capital investment of $A27bn to meet the state government’s renewable energy target. Victoria would need to invest some $A14bn in additional renewable energy capacity to achieve its target. Federal Energy Minister Josh Frydenberg says the states should instead adopt the federal government’s target for 23.4 per cent of electric power to be derived from renewables by 2020. Renewables and energy security will be on the agenda of a meeting of state and federal energy ministers on 7 October 2016.

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