The draft Renewable Energy (Electricity) Amendment Bill 2008 proposes that all renewable small generation units (up to 1.5kW) installed between 1 July 2009 and 30 June 2012 can create 5 RECs per MWh.
What does this mean? Essentially, instead of receiving $2,700 worth of renewable energy certificates when you install solar panels/solar hot water on your roof, you would get around $13,600! This assumes that the system is generating power approximately 8 hours per day, 300 days per year.
So, if you’re about to install some good old-fashioned renewable energy on your house, wait! And if you’re thinking about going into business, this is one area where sales are going to be a piece of cake. I think we’re about to see a proliferation of high-prices solar panel installers.
Malcolm Turnbull has hotted up his attack on the Rudd-Wong emissions trading scheme this morning, with in an interview on AM.
You see, what Mr Rudd has done and this is a characteristic of the Prime Minister, he has completely lost sight of the real objective.
The objective is to reduce Australia’s CO2 emissions. It is not to have an ETS. The object is to reduce emissions and so he’s has come up with an incredibly cumbersome, economically damaging so we are told by industry, ineffectual so we were told by people concerned about climate, Emissions Trading Scheme which seems to disappoint everybody.
There is almost unanimous criticism of it.
I think Turnbull has really hit the nail on the head here. Rudd’s ETS is not going to do anything for the environment. Therefore, it has already failed to achieve the objective. What then is the purpose of having an ETS at all?
Some would argue that the target can be ramped up after 2020. It would be just as easy to put in another soft target in 2020 and continue to do nothing.
It looks like Big Kev’s trading scheme is simply designed to make it look like he’s taking action on climate change, while he sits back in the Lodge with his team of public servants burning the midnight oil putting together committee reports and creating enough hot air to heat St Petersburg.
Meanwhile, Parliament House is consuming electricity by the bucketload. Maybe the government should lead the way and start to tidy up their own house, so that others may see the benefits of the available technology.
On the other hand, maybe we should just focus on convincing China to cut their emissions. After all, they will probably own most of Australia soon enough.
Everyone seems to get quite excited about what politicians have achieved in 100 days, as if this is some magical milestone on which to judge their entire existence. Hogwash! It’s not even a prime number.
My model is the first 587 hours. So here we go.
Hour 1: Obama takes office. There was some kind of stuffup.
Hour 24: Obama re-takes office. No stuffups this time.
Hour 216: Obamicon.Me records its 500,000th Obama icon. Most of these are attributed to Duncan.
Hour 587: Prominent and world famous blogger Stu chronicles the first 587 hours of Obama’s presidency.
So far, nothing too interesting has happened. I’ll see you after 8191 hours of office!
Solar bonanza
Environment | stu | 
February 24, 2009 7:09 am | 
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