By Leigh Ewbank
ABC The Drum reports: This week Tony Abbott and the Coalition opened up a new front in their ideological war against climate change action and carbon pricing.
In a move reminiscent of the US Tea Party, renewable energy has become the new target of Australia's conservative party.
Not content with the 'blood pledge' to repeal the carbon price, Abbott lieutenants Joe Hockey and Andrew Robb announced that a Coalition government would scrap the Clean Energy Finance Council (CEFC). If well designed and administered, the body is a potentially useful aid for Australia's transition to a 21st-Century clean economy. The plan to abolish the CEFC threatens $10 billion of investment: $5 billion exclusively for renewable energy and the remainder available for cleantech manufacturing, energy efficiency and enabling infrastructure.*
The announcement confirms suspicions that the Coalition is becoming an anti-renewable energy party. This unwarranted position has implications for the domestic renewable energy industry, decarbonising the economy, and the political landscape.