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Australia: Coalition to impose ‘cap’ on renewable energy investment, Nationals leader says

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By illuminem briefings

· 1 min read

illuminem summarizes for you the essential news of the day. Read the full piece on The Guardian or enjoy below:

🗞️ Driving the news: Nationals leader David Littleproud has announced that a Coalition government would impose a cap on federal investment in renewable energy, specifically opposing large-scale industrial windfarms like the planned offshore zone south of Sydney

🔭 The context: The Albanese government recently approved a 1,022 sq km offshore windfarm zone off the Illawarra coast, marking Australia's fourth dedicated windfarm zone
• Littleproud’s announcement contrasts with support for a similar project in Victoria’s Gippsland

🌍 Why it matters for the planet: The Coalition’s proposed cap on renewable energy investment could slow down Australia's transition to net zero by 2050, impacting efforts to reduce emissions and combat climate change

⏭️ What's next: The Coalition plans to focus on a mixed energy approach, including nuclear, coal, gas, and renewables, but with specific limitations on the scale and placement of renewable projects
• This approach is expected to be detailed in their upcoming energy policy

💬 One quote: "The Coalition isn’t against renewables, but renewables should be in an environment they can’t destroy," said David Littleproud

📈 One stat: The planned offshore windfarm zone off the Illawarra coast spans 1,022 square kilometers

Click for more news covering the latest on renewable energy and ethical governance

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