Australia’s large scale energy projects currently include ocean, wind, geothermal and solar, as they make their transition to a clean energy, low carbon economy. This is an unprecedented undertaking for federal and state governments, as the requirements for technology, qualified labor, training and education and strong financial backing is quite a high level list of requirements. The low carbon goal that Australia has projected is a broad sweep change that has expanded their renewable energy visions and has created the Clean Energy Finance Corporation. The investments will encompass low-emission, renewable energy as well as energy-efficient technologies and is supported by the recent introduction of Australia’s proposal for the price for emission of carbon reforms in their electricity market. The ‘carbon price’ will need to be supplemented and monitored for additional energy-efficient policies to offer the ability of long term new technology costs and carbon capture storage. It seems that Australia has created a rather well balanced package with many strong elements and levels to their policies.
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