Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 05 AUGUST 2012

Is Australia's renewable future a target?

Clayton Utz
Explore more from Clayton Utz

Australia's Climate Change Authority is about to embark on its first review of the Renewable Energy Target (RET) scheme.

AustraliaEnergy and Natural Resources
Nick Thomas
Nick Thomas
Robyn Farmer
Robyn Farmer
Author LinkedIn connections

Key Points:

Should the RET should be raised or lowered from its current 2020 setting? Should the RET scheme be abolished altogether?

The Australian Government's Climate Change Authority, established on 1 July 2012, is about to embark on its first review of Australia's Renewable Energy Target (RET) scheme, and already there is considerable debate about whether the RET should be raised or lowered from its current 2020 setting, or whether the RET scheme should be abolished altogether.

What's the RET scheme?

The RET scheme operates through the Renewable Energy (Electricity) Act 2000 and Renewable Energy (Electricity) Regulations 2001 and related legislation. Essentially, the RET scheme:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

NSW Raises The Bar For IPC Referral Of Major Energy Projects, And Effectively Removes It For BESS

The NSW Government has doubled the objection threshold for electricity generating works to be referred to the Independent Planning Commission (IPC) and removed objection-based IPC referral for battery energy storage systems altogether. These changes seek to materially reduce approval risk for proponents across the energy sector.
AustraliaEnergy and Natural Resources
Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
Article

When Mining Or Exploration Comes To Your Station

Pastoralists should identify the water and operational assets that matter to the station before activity begins, then ensure any access or commercial agreement clearly deals with monitoring, disruption, rehabilitation, liability and review. The legal position will depend on the mining or exploration licence (as the case may be), the pastoral lease, government policy, approvals and proposed activity, but early preparation gives a family stronger footing in discussions.
AustraliaEnergy and Natural Resources
HHG Legal Group
HHG Legal Group
Article

Queensland Mining Reforms: Removing Duplication And Refining Objection Rights

Queensland's proposed mining reforms aim to streamline environmental assessment by removing duplication between mining lease and environmental authority processes, while introducing discretionary Land Court referrals and refined objection rights. The Bill proposes significant changes to who may object to mining applications and on what grounds, potentially affecting mining entities, landholders, and community stakeholders across the state.
AustraliaEnergy and Natural Resources
Holding Redlich
Holding Redlich
Article

Review Of Financial Provisioning For Resources Industry: Consultation Now Underway

The Queensland Government has launched a comprehensive review of its Financial Provisioning Scheme for the resources industry, examining whether the current framework adequately balances environmental rehabilitation risks with industry growth and investment opportunities. Stakeholders from across the mining sector, investment community, and landholders are invited to provide feedback on the scheme's effectiveness and potential improvements.
AustraliaEnergy and Natural Resources
Holding Redlich
Holding Redlich
Article

Long-duration Energy Storage In Australia: Closing The Financing Gap

Australia's energy storage market is expanding rapidly, yet long-duration energy storage (LDES) faces a critical financing challenge. While the technical need for storage systems capable of discharging for eight hours or more is widely accepted, the market does not yet fully reward the reliability, resilience and system benefits these projects provide, creating a gap between capital costs and available revenue that threatens bankability.
AustraliaEnergy and Natural Resources
DLA Piper
DLA Piper