By Bryan Nelson •
February 10, 2009
Australia’s federal government, led by Prime Minister Kevin Rudd, has approved plans for a $60 million dollar factory which is to become the largest manufacturer of solar cells in the Southern Hemisphere.
The company responsible for the project, Solar Spark Australia, is the first to be awarded Major Project Facillitation status under the Rudd government, and it plans to begin powering 9,000 homes by late next year.
This marks increased hope that Australia can meet goals to reduce greenhouse gas emissions 60% by 2050.
By Joshua S Hill •
March 17, 2008
Following in the steps of the EU and their Emission Trading Scheme, Australia will be implementing a their own by 2010. Announced Monday by the Minister for Climate Change, Penny Wong, the national scheme would “constitute the most significant economic and structural reform undertaken in Australia since the trade liberalization of the 1980s.”
Often it is hard to understand just what a trading scheme is all about, but I finally found it explained simply and clearly. The AFP wrote; ‘Emissions trading schemes place a limit on the amount of greenhouse gas pollution which companies can produce, forcing heavy polluters to buy credits from companies that pollute less — thereby creating financial incentives to fight global warming.’
