The Coalitions review of the Renewable Energy Target has caused investment in clean energy to drop below that of Algeria, Thailand and Myanmar
Australias investment in renewable energy projects has slumped below that of Algeria, Thailand and Myanmar, new figures have shown, with the sector paralysed by the governments review of the Renewable Energy Target.
Just $193m was invested in new large-scale clean energy projects in the third quarter of 2014, according to Bloomberg New Energy Finance. Investment in the year to date is $238m.