The 100% Renewable Campaign is calling for a national feed-in tariff as the first step towards 100% renewable energy for Australia.
This scheme will unleash investment in renewable energy by providing a guaranteed price for electricity generated from renewable energy projects - at small, medium and large scales.
A feed-in tariff will promote:
- New renewable energy projects in rooftop solar PV, community wind and solar projects and large industrial scale projects like solar thermal, wave and geothermal
- Creation of new jobs. Similar policies in other parts of the work have led to the creation of thousands of new jobs. For example, in Germany, the renewable energy industry now employs about 284,000 people– almost 60% were employed through a feed-in tariff policy
- Regional development. Most potential renewable energy project and manufacturing sites are located in regional areas meaning investment in renewable energy will lead to new regional jobs and economic activity
- Technological innovation. Australia, with our abundant sun, wind and wave resources could be a global clean energy leader. Support for renewable technologies will create a space for new innovation
- Investment in new industries. A bonus scheme sends a clear signal to investors that Australia is serious about renewable technology and it is a good place to invest.
- A fair go for renewables. A bonus scheme will help put renewables on a fair footing with polluting energy like coal that does not pay for the true cost of its pollution and is heavily subsidised by governments.
- Secure domestic energy supply. Sourcing our energy from a range of technologies ensures greater energy security and protects us from uncertain or fluctuating fossil fuel prices.
- Reduction in CO2 emissions. Clean, renewable energy generates far less greenhouse gas emissions than polluting energy, so a switch to renewable energy will significantly reduce climate pollution.
To see the full details of the proposed scheme see:
