Australia Losing Out on Renewables Investment

Investors are shunning Australian renewable energy stocks, unsure of government policy and whether it will start emissions trading.

Now that the renewables energy industry has grown larger than fossil fuel industry, investors are focussing mainly on China which is attracting substantial investment because of the huge resources they are marshalling to develop cleaner energy sources.

We are losing out big time because of the lack of a price on carbon, a well designed carbon tax, and the reluctance of the two old parties to step into the future.

See more in the article by James Paton on Bloomberg News, 18 August.

1 comments

You really are out of step Elderwoman.



Take a gander around this forum and the number of people who are struggling now in paying their ever-increasing power bills and you with your Green idealogy want to impose a Carbon Tax? Whats next shutting down the coal industry? Banning cars, trucks, buses, and trains?



Geat real kiddo!

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