Wednesday, October 31, 2007

20 per cent renewable energy by 2020

Kevin Rudd has announced Labor's renewable energy target of 20 per cent by 2020.

Green groups have welcomed the announcement and say Labor's target is better than the Coalition's, not only because it is 20 per cent not 15 per cent but also because it does not include clean coal.

The Construction Forestry Mining and Energy Union (CFMEU) says the target will not cost jobs.

The CFMEU's Tony Maher says employers are relaxed about the Opposition's plan.

"That's what they tell us privately, they're relaxed about emissions trading. Really it's political scare campaigning by the Government," he said.

"You've got to bear in mind the energy growth between now and 2020 will be between 30 and 40 per cent so there's plenty of room for various energy sources."

Chief executive of the Clean Energy Council, Dominique La Fontaine, says there will be more industry development under Labor's target.

"It's 15,000 gigawatts more than Liberal Party policy, that's a significant difference and it's the kind of economy of scale that we need to develop the industry and to bring the cost down so that the technologies can compete. Good cheap clean power for Australia," she said.

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