{"id":3086,"date":"2013-12-09T15:13:08","date_gmt":"2013-12-09T04:43:08","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=3086"},"modified":"2017-10-25T10:09:18","modified_gmt":"2017-10-24T23:39:18","slug":"gutting-clean-energy-finance-corporation-howard-ray-hope","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/gutting-clean-energy-finance-corporation-howard-ray-hope\/","title":{"rendered":"The gutting of the Clean Energy Finance Corporation: is Howard a ray of hope?"},"content":{"rendered":"
\"John<\/a>

Is John Howard a CEFC fan?<\/p><\/div>\n

Just when you thought the gathering of the dark clouds of the new government’s blitzkrieg against renewable energy initiatives was complete, a tiny ray of sunshine bursts through the gathering gloom. Or has it? I speak this week of the uncertainty over the dumping of the showcase Clean Energy Finance Corporation (CEFC).<\/p>\n

The ray of sunshine, if it is such, comes in the unlikely form of Arthur “Svengali” Sinodinos, who many will remember as being one of the inner cabal that served John “carbon tax” Howard, noted PM and Australia’s worst off spinner.<\/p>\n

Now this may be grasping at non existent straws but…<\/p>\n

On ABC Radio this week, the now-Senator Sinodinos said he was happy (in his capacity as Assistant Treasurer) to:<\/p>\n

“review” the work of the Clean Energy Finance Corporation. His exact words were that he would \u201c…go through the CEFC\u2019s annual report and have another look’\u201d,<\/p><\/blockquote>\n

The review comes at the request of Jillian Broadbent, the chair of the Clean Energy Finance Corporation, who has, in essence, asked the government to take look at the CEFC figures. Broadbent said on ABC Breakfast this week<\/a> that the CEFC had acted as a “catalyst” to raise $2.2 billion of private capital on 39 clean energy investment programs that have the potential to reduce carbon emissions by 4 million tonnes. Not bad for 18 months work!<\/p>\n

Now my (admittedly) imaginative theory runs thus:<\/p>\n

There was no more pragmatic a prime minister than Johnny Howard. Indeed his hesitant moves towards a price on carbon were quite radical for the time. Of course if he were a Cabinet Minister now and proposed a similar heretical tax, the Mad One would have him strong-armed out of the Cabinet room by Bronnie “The Beehive” Bishop as a dangerous leftie (the image is delightful).<\/p>\n

There was no staffer that Howard listened to more than Sinodinos. He served as Howard’s chief of staff from 1997 to 2006 where he is credited with enormous clout in the make up of Coalition policy. (Lowers voice in conspiratorial whisper<\/em>). Therefore it may not be beyond the realms of possibility that Johnny is using Sinodinos to reverse the CEFC scrapping.<\/p>\n

The reason the latter day PM may be pulling a few strings behind the scenes is simple: the CEFC turns a profit and attracts important investment into Australia.<\/p>\n

It must be stressed that I have not a shred of Queen’s evidence that any, or part of the above, speculation is true. But as Coalition elders, movers and shakers like Johnny well know, Tony “The Mad One” Abbott is, while keen, not the sharpest knife in the political draw. He therefore may require “guidance” in certain areas such as the retaining of the profit-making Clean Energy Finance Corporation.<\/p>\n

Sinodinos, now the Assistant Treasurer, is best placed to channel the feared Johnny. Hence the comment about “reviewing” the decision.<\/p>\n

Or not.<\/p>\n

Have the press incorrectly seized on this statement? The office of the Assistant Treasurer hastily announced that all vestiges of the Rudd\/Gillard carbon tax will be airbrushed from history faster than you can say Rudd\/Gillard: including the Clean Energy Finance Corporation.<\/p>\n

More importantly, if you listen to my wild theory, Howard has made no public comments supporting the CEFC. Indeed the Sinodinos statement went on to insist that all Coalition election promises (ahem) will be honoured.<\/p>\n

Still we can dream can’t we? Is the ancient Howard\/Sinodinos alliance a silver lining with regard to the Clean Energy Finance Corporation? Or just part of the oncoming storm? Please add your thoughts below or over at our Facebook Page<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Just when you thought the gathering of the dark clouds of the new government’s blitzkrieg against renewable energy initiatives was complete, a tiny ray of sunshine bursts through the gathering gloom. Or has it? I speak this week of the uncertainty over the dumping of the showcase Clean Energy Finance Corporation (CEFC). The ray of […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[54],"tags":[36,12],"class_list":["post-3086","post","type-post","status-publish","format-standard","hentry","category-solar-policy","tag-australia","tag-governement-grants","entry"],"acf":[],"yoast_head":"\nThe gutting of the Clean Energy Finance Corporation: is Howard a ray of hope? - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"A ray of sunshine bursts through the gloom. 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