A discussion paper on the proposed changes to the Renewable Energy Target has been released by the Federal Minister for Climate Change, Energy Efficiency and Water Senator Penny Wong.
The proposed legislation would see the existing scheme separated into two parts from January 2011 – the Small-scale Renewable Energy Scheme (SRES) and the Large-scale Renewable Energy Target (LRET).
Ms Wong said that the discussion paper will give stakeholders the opportunity to put forward their views on implementation aspects of the scheme.
“We look forward to working with industry to implement the changes and invite all interested stakeholders to make a submission,” said Ms Wong.
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Following consideration of submissions on the paper, the Government intends to introduce legislation into Parliament, with the new arrangements planned to commence on 1 January 2011.
All submissions are due close of business on 14 April 2010, and can be made via email to RET@climatechange.gov.au.
The Federal Minister for Climate Change and Energy Efficiency Penny Wong will be a keynote speaker at EcoGen 2010, the premier clean energy industry event, to be held at the Sydney Convention and Exhibition Centre from 5-8 September 2010.
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