Australia Reaches Cross-Bench Agreement To Cut Renewable Energy Funding By $500 Million

In a remarkably short-sighted and catastrophic move for the Australian renewable energy industry, the country’s government has reached a cross-bench agreement with the opposition party to strip $500 million in funding from the Australian Renewable Energy Agency. Rumors and promises of cutting funding to the Australian Renewable Energy Agency (ARENA) have been circulating for months [&hellip

Australia Reaches Cross-Bench Agreement To Cut Renewable Energy Funding By $500 Million was originally published on CleanTechnica.

To read more from CleanTechnica, join over 50,000 other subscribers: Google+ | Email | Facebook | RSS | Twitter.