20 August 2012
The first review by the Climate Change Authority of Australia's Renewable Energy Target (RET) scheme is now underway, with the release today of the Climate Change Authority's Renewable Energy Target Review Issues Paper.
As we noted earlier this month, the review is asking some fundamental questions about the RET Scheme's operation, including whether a fixed GWh target is appropriate, and whether the RET Scheme is needed at all now that the carbon pricing mechanism is law.
Comments are due by 14 September 2012.
Key questions on the Large-scale Renewable Energy Target (LRET)
The Issues Paper poses a large number of questions on the LRET, including:
Small-scale Renewable Energy Scheme (SRES)
The Issues Paper asks whether there should still be a separate scheme for small-scale technologies, and, if so, whether it should be uncapped.
It also seeks comments on the scope of the Scheme (including whether it should cover new or displacement technologies), the calculations used, the role of multipliers, and the operation of the Small-scale Technology Certificate Clearing House.
What happens now with the review of the RET Scheme?
Comments on the RET Scheme Issues Paper are due by 14 September 2012.
A discussion paper will then be issued in October 2012, and the final report released in December 2012.
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