NATIONAL: The clean energy industry says changes to the renewable energy target announced today will deliver stalled multi-million dollar commercial projects as well as supporting household scale technologies such as solar panels and solar hot water systems.

“The Rudd Government has got it right with this announcement,” said Clean Energy Council chief executive Matthew Warren.

“The clean energy industry has been discussing structural design issues with the current Renewable Energy Target since late last year. The Rudd Government has listened carefully to industry advice and today has acted decisively and effectively.

“Our main concern was to improve the design of the RET to ensure that it delivered both industrial scale generation projects as well as the continued development and deployment of household technologies like solar panels and hot water. Today’s announcement addresses this problem.

“We will continue to work with the government to ensure the final legislation is effective and efficient.

“These changes clear the path for the clean energy industry to play its crucial role in driving down the cost of clean energy whilst cutting Australia’s greenhouse emissions.

“This is good news for jobs and investment in the renewable energy industry,” Mr Warren said.

For more information please visit the Clean Energy Council.