some A$3 billion in subsidies that are currently allocated for fossil fuels to renewable energy programmes. (US$1 = A$1.08). Under the Green’s scheme, some A$300 million of fossil fuel subsidies would be used to promote solar and wind power every year. Proponents say the money would help re-establish Australia as a leader in the research…
AUSTRALIA: Fossil fuel subsidies should go to renewables, Greens say
Posted on November 14, 2007 by EnergyAsia