Thursday 3 April 2008

Not enough 'green energy' to meet carbon emission targets

Despite being the fastest growing energy sector, 'green' energy falls short.

Full report from the ABC.
John Mackay, the chief executive of Canberra's power supplier ACTEW AGL, says given the current state of the industry, there is little chance of meeting the [60% by 2050 emissions reduction] target.

Mr Mackay says households should expect dramatic price hikes over coming years.

He says green power is expensive to produce and difficult to source, and that's making the market very volatile.
There is a role for nuclear power.

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