Rudd fast-forwards $500m energy fund
By Save Eumundi Team • Dec 14th, 2008 • Category: NewsA $500 million renewable energy fund to kick-start clean power plants across Australia will be brought forward, Prime Minister Kevin Rudd says.
The fund, originally to be spent over six years starting next year, will instead be invested over 18 months from next year.
Inspecting a new solar farm at Windorah in far western Queensland, Mr Rudd said the fund would stimulate the economy and help fight climate change.
“It’s time for Australia to begin the solar revolution, a renewable energy revolution and we have got to fund it for the future” he told reporters on Sunday.
“It’s good for jobs, it’s good for stimulus, it’s good for acting on climate change.
“That’s what we are on about here.
“We need to make this solar energy revolution, this renewable energy revolution real for households across Australia, real for communities across Australia and also real for business as well.”
Mr Rudd will unveil the Federal Government’s white paper on the carbon pollution reduction scheme tomorrow.
AAP
Source: http://www.brisbanetimes.com.au/news/national/rudd-fastforwards-500m-energy-fund
Save Eumundi Team is a group of people who are keen to see our environment protected and insisting that the Queensland State Government and its agencies (like Powerlink) consider viable alternatives rather than the business as usual approach to electricity generation and transmission.
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