New sustainable energy funds in Australia
Our Prime Minister Kevin Rudd has just stated that he has changed the conditions of the $500m sustainable energy fund. Originally it was to be $500m over six years, starting in 2009, but he has now made the funds available immediately and for the next 18 months. This is awesome news as it means that the government is starting to act on being at the forefront of combating climate change. I have a feeling that a few countries are becoming competitive about the seriousness of their actions surrounding reducing their carbon footprint and that’s great. Even if they make these changes for the wrong reasons (i.e. being competitive) that’s ok by me as its not as bad as not making any changes at all.
Victoria still has the worst bill of health in Australia, even though it has a few wind farms, this is mainly due to its use of Brown Coal. Hopefully these funds can help reduce Victoria’s carbon emissions.
Great step forward. This type of thing really excites me.
