Australia – renewables policy

As government support for renewables grows globally, Andrew Petersen and Eros Artuso of PwC look at Australia’s latest initiative and compare it with other schemes worldwide

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Support for renewables from governments worldwide has increased rapidly in recent years in the form of incentives and targets designed to increase the share of renewables in the power mix. In January this year, US President Obama pledged to double the production of alternative energy in the next three years to spark the

creation of a clean energy economy. In Europe, the European Commission has set a target of 20% of final energy consumption to be from renewables by 2020 and in Australia, Prime

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