With the strong possibility that the A$10bn Clean Energy Finance Corporation (CEFC) will be dismantled if there is a Liberal-National Coalition victory in impending elections, the renewable energy industry is looking to its counterpart – currently enjoying bipartisan support – to support their technologies from research through commercialisation to deployment.
With the election expected to be called for any time between mid-August and late-November, opposition politicians have taken every opportunity to reinforce their determination to rid Australia of what shadow energy spokesman Ian Macfarlane calls a “giant slush fund” in the shape of the CEFC.
The
