About seventy clean energy industry and community leaders met in Adelaide on December 1st for a Clean Energy Summit to discuss the need for continued investment in renewable energy in Australia.
The Summit was called by Premier Jay Weatherill on the back of continuing uncertainty in the renewable energy sector arising from the Federal Government’s review of the Renewable Energy Target (RET) scheme, a target that has enjoyed bipartisan support for more than a decade.
The Summit resolved to call on the Abbott Government to abandon any amendments to the existing Renewable Energy Target that would jeopardise employment and investment.
The Summit heard how change to the Renewable Energy Target will jeopardise tens of thousands of jobs around the Country, many involved in working in local communities in country areas.
Attendees also heard how uncertainty around the Renewable Energy Target has already jeopardised billions of dollars of proposed investment and effectively stifled new investment, as well as reducing the return on existing investments.
Suntrix was represented at the summit by Managing Director, Jenny Paradiso.