Tony Abbott is an Asshat Part MMMCCXLVII

Government pulls the plug on household solar

The Abbott government has opened up another front in its war on renewable energy by pulling the plug on investments in the most common form of alternative energy, rooftop and small-scale solar.

As a storm raged over the government's directive to the Clean Energy Finance Corporation to no longer back wind energy projects, it emerged that it has also put a stop to solar investments other than the largest industrial-scale projects.

The solar industry has been left fuming by a letter to the CEFC by Treasurer Joe Hockey and Finance Minister Mathias Cormann in which they direct investments in household and small-scale solar to be "excluded" from the $10 billion fund in future.

The draft investment mandate calls for "mature and established clean energy technologies … to be excluded from the corporation's activities, including extant wind technology and household and small-scale solar".

Currently, about a third of all CEFC investments involve small-scale solar. The corporation, which has produced more than a $1 profit for the government for every $1 invested, was assessing $500 million in finance for solar projects valued at more than $1 billion.

There are 1.3 million rooftop solar systems in Australia and most households receive publicly-backed rebates to install, but the CEFC has made a priority projects that help people who do not own their own homes, those who live in apartments and community groups to invest in solar panels.

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Australian Solar Council chief executive John Grimes accused Tony Abbott of playing "cynical politics" after the Prime Minister insisted on Sunday that his government "supports renewables" but wants to "reduce the upward pressure on power prices".

Mr Grimes said the CEFC had made it possible for low-income people and retirees to invest in solar and take advantage of the power bill savings that flow.

"Tony Abbott is keeping people trapped paying higher electricity prices," Mr Grimes told Fairfax Media.

The government tried and failed to abolish the profit-making CEFC after failing to get Senate support and its latest strike against wind and solar is expected to further scare renewable energy investors away from Australia, Labor and the Greens claim.

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Shadow environment spokesman Mark Butler said: "These proposed changes go well beyond Tony Abbott's opposition to the aesthetic values of wind farms - it's a wholesale attack on renewable energy.

"Tony Abbott is broadening his assault on renewable energy technologies putting thousands of Australian jobs and billions of dollars in investment at even further risk."

Maybe it's an Anglo-Saxon thing.  Here we are in 2015, decades after we were first warned about global warming, and at a time when even the PRC in China are embracing renewables, we have governments in the US*, Canada, the UK, and Australia all actively working against renewable projects, such as windfarms & solar, and championing greater investment in fossil-fuels.

And in this case, it would seem it isn't even about money.  $1 profit for every $1 invested sounds like a pretty good investment to me.  This is just being an asshole for the sake of it.  It's the politician's equivalent of those assholes in the US, who 'roll coal', ie modify their vehicles to release black smoke on demand, then wait till a Prius shows up in their rearview and blast them.  I really do despair for humanity.


* I'm referring here of course not to Barack Obama, but to the Republican assholes in Congress and elsewhere.