{"id":26903,"date":"2019-01-07T06:12:52","date_gmt":"2019-01-06T19:42:52","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=26903"},"modified":"2019-01-07T06:12:52","modified_gmt":"2019-01-06T19:42:52","slug":"crossbench-renewable-energy-mb0888","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/crossbench-renewable-energy-mb0888\/","title":{"rendered":"How The Crossbench Saved Renewable Energy In Australia"},"content":{"rendered":"
\"Senate<\/a>

Image: seagul<\/a><\/p><\/div>\n

A new report from The Australia Institute (TAI) reveals the crucial role the Senate crossbench has played in securing billions of dollars of investment in Australia’s renewable energy industry.<\/p>\n

\u201cWhen they came to power, the Coalition tried to take an axe to renewable energy investment in Australia,” said<\/a> Ben Oquist, TAI’s Executive Director. “Thankfully, by working with Labor and The Greens, the crossbench stopped that from happening and saved more than $23 billion of future investment in the renewables sector.”<\/p><\/blockquote>\n

ARENA<\/h2>\n

The Australian Renewable Energy Agency (ARENA<\/a>) was established on 1 July 2012 by The Australian Renewable Energy Agency Act 2011. Its mission is to boost renewables and reduce emissions by driving innovation and commercialisation.<\/p>\n

In June 2014, a bill to abolish ARENA was introduced, but was thwarted when it became clear that it had the support from various corners, including Palmer United Party1<\/a><\/sup>, Ricky Muir and Nick Xenophon. It has gone on to issue grants worth $864 million. In total, ARENA has provided grants of $1.2 billion to projects with a total value of nearly $4.4 billion<\/p>\n

CEFC<\/h2>\n

The Clean Energy Finance Corporation (CEFC<\/a>) was established under the Clean Energy Finance Corporation Act 2012 and began making investments in 2013. An important distinction between it and ARENA is that it doesn’t issue grants – the CEFC expects a return on its investments.<\/p>\n

In 2013, the Abbott Government attempted to abolish the CEFC, twice. Both attempts were blocked by Labor , Senator John Madigan (abstaining), Nick Xenophon and the Greens in the Senate. A subsequent attempt was made in 2014 but was not brought to a vote as the Palmer Unity Party supported the Corporation and Ricky Muir could not be tempted to join the dark side<\/span> Coalition.<\/p>\n

The CEFC has gone on to commit $6.65 billion to projects with a total value of $19 billion.<\/p>\n

Renewable Energy Target<\/h2>\n

It’s often forgotten that Prime Minister John Howard was responsible for sowing the seeds of Australia’s solar boom. The Renewable Energy Target (RET) was introduced in 2000. It’s under the RET that Australia’s major solar subsidy<\/a> is provided.<\/p>\n

Tony Abbott became hell-bent on scrapping the Renewable Energy Target after becoming Prime Minister in 2013.<\/p>\n

“Without the crossbench, the RET would have likely been abolished and the assistance it provides to households and large scale renewable energy generators lost entirely,” states the TAI report.<\/p><\/blockquote>\n

Since 2013\/14, more than 800,000 small-scale solar power<\/a> systems have been installed across Australia and the large-scale section has flourished.<\/p>\n

Of course, the actions of the crossbench relating to all of the above were helped along by the millions of Australians who support a clean and renewable energy future for this country.<\/p>\n

The Australia Institute’s “Saved By The Bench” report<\/a> (PDF) was released\u00a0 in conjunction with TAI polling indicating a majority of Australians believe the nation is better off due to the Senate and that better laws are created when the government has to negotiate with other parties.<\/p>\n","protected":false},"excerpt":{"rendered":"

A new report from The Australia Institute (TAI) reveals the crucial role the Senate crossbench has played in securing billions of dollars of investment in Australia’s renewable energy industry.<\/p>\n","protected":false},"author":17,"featured_media":26906,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-26903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nHow The Crossbench Saved Renewable Energy In Australia<\/title>\n<meta name=\"description\" content=\"A TAI report details the crucial role the 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That's not my interpretation of its\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"ARENA regulations change","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/05\/arena-bowen-taylor.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/05\/arena-bowen-taylor.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/05\/arena-bowen-taylor.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/05\/arena-bowen-taylor.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/05\/arena-bowen-taylor.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":20661,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-investment-australia-mb0535\/","url_meta":{"origin":26903,"position":2},"title":"Australian Renewable Energy Investment Up 147 Per Cent","author":"Michael Bloch","date":"April 9, 2018","format":false,"excerpt":"Renewable energy investment in Australia jumped 147% last year to a record USD $8.5 billion (around AUD $11 billion at current exchange rates) - and solar power accounted for more than half that figure. 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The Andrews Labor Government announced it will introduce legislation into State Parliament this week for the Victorian Renewable Energy Target (VRET).\u00a0 Renewable Energy\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable energy in Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/victoria-renewable-energy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/victoria-renewable-energy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/victoria-renewable-energy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/victoria-renewable-energy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":3856,"url":"https:\/\/www.solarquotes.com.au\/blog\/public-support-australia-renewable-energy-superpower\/","url_meta":{"origin":26903,"position":4},"title":"Public support for Australia as a renewable energy superpower","author":"Staff Writer","date":"August 4, 2014","format":false,"excerpt":"It's been mentioned more than a few times that Australia could be the next renewable energy superpower. With our wide open spaces, almost unlimited sun and centres of research excellence we could show the world the way in solar power and other forms of renewable energy. Jeremy Rifkin, author of\u2026","rel":"","context":"In "Solar Policy"","block_context":{"text":"Solar Policy","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-policy\/"},"img":{"alt_text":"solar panels in front of cooling towers","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/solar-cooling-towers.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/solar-cooling-towers.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/solar-cooling-towers.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":29980,"url":"https:\/\/www.solarquotes.com.au\/blog\/labor-rez-sa-mb1039\/","url_meta":{"origin":26903,"position":5},"title":"Labor’s Proposed Renewable Energy Zone For SA Announced","author":"Michael Bloch","date":"May 2, 2019","format":false,"excerpt":"A \"Renewable Energy Zone\" (REZ) will be established in South Australia under a Shorten Labor Government - and its location was revealed yesterday. Back in 2017 Labor announced its intention to establish a series of REZs, which were to be based on an area\u2019s renewable energy potential. The idea behind\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable Energy Zone - REZ - South Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/26903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=26903"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/26903\/revisions"}],"predecessor-version":[{"id":26910,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/26903\/revisions\/26910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/26906"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=26903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=26903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=26903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}