Australia has slammed the door shut on any new government-funded investment in renewable energy schemes as Prime Minister Tony Abbott extends his “war on wind power”. The new directive banning investing in existing wind technology will also apply to small-scale solar projects. In doing so Mr Abbott has sent a clear message to the mendicant green renewable energy sector that there will be no more cheap state-supplied financing for its projects. The funding ban is just the latest salvo in the government’s attacks on the renewable energy sector which also includes small-scale solar projects.
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