TUESDAY 02 FEBRUARY, 2010 |
Tony Abbot's ERF - A 'Solar Sunrise' For Australia?
Federal Opposition leader Tony Abbott has today announced the coalition's official climate change policies
and plans for a $2.5 billion emissions reduction program in order to reduce carbon levels by 2020.
Under the Coalition's alternative to the Rudd government's ETS (Emissions
Trading Scheme), businesses that reduce emissions below "business as usual activity" will be able to sell their
greenhouse gas abatement to the government and those who go above will incur a
Among the initiatives under what the coalition has called the Emissions
Reduction Fund, a range of measures would be also be introduced to support the increased uptake and use of
in homes and communities.
The Coalition have referred to these measures as a "solar sunrise for
The Coalition says it will provide an additional $1,000 on top of current solar
for either solar panels
solar hot water
, capped at 100,000 rebates per year, with view to achieving one million additional
installations by 2020. Mr Abbott says this will provide an additional CO2 emissions reduction of 2.4
- 3 million tonnes a year by 2020.
The Coalition says it will also apportion $100 million to a Solar Towns and Solar Schools Initiative which will provide grants for towns, non-capital cities and schools to
for grid connected solar power systems. Current comparable programs under the
Rudd government are Solar
and the National
Solar Schools Program
Other related initiatives under the Emissions Reduction Fund include $50 million
be provided to a Geothermal and Tidal Towns Initiative and $2 million to be used
in a major study into the utilisation of underground electricity transmission and the potential
conversion of overhead powerline corridors to urban parklands and inner suburban housing.
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