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Greater investment could see Australia powered by 100% clean energy within decades
November 28, 2012
Greater investment could see Australia powered by 100% clean energy within decades
A report was released by the Australian Climate Commission which highlights the nation’s rapid clean energy growth, and states that in coming decades, Australia’s economy could be powered ‘almost entirely’ by renewables.
The report, The Critical Decade: Generating a Renewable Australia, says that Australia could reach up to 100% clean energy as long as there is sustained expansion and investment growth assured through policy certainty. The report states that the country is in the ideal position for reaching such an ambitious target.
Currently, clean energy such as wind, solar and hydro make up just 10% of Australia’s energy but this is expected to rise by 25% by 2020. Solar PV is already the cheapest source of power for retail users and the report forecasts that solar PV and wind could provide the cheapest form of energy in Australia by 2030 as the carbon price continues to increase.
Read more at The Clean Revolution.
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