Move to clean energy requires smart policy
The phrase “sovereign risk” is used liberally in Australian public debate, most often in relation to established industries that may be affected by change in federal and state policy. But few have suffered as much as the still-establishing renewable energy sector, which has had to deal with constant chopping and changing in government thinking since the turn of the century. This has particularly been the case since the election of the Abbott Coalition government in 2013. With an axe hanging over the renewable energy target and the abolition of the Labor-Greens carbon pricing scheme, there was a 70 per cent …
