New clean energy investment mandate a shift from policy proposed by Abbott
by Shalailah Medhora from on (#YMXC)
Directive to CEFC to focus on innovative and emerging technologies will enhance support for windfarms and small-scale solar projects
The Clean Energy Finance Corporation (CEFC) has been directed to focus on innovative and emerging technologies, reversing a mandate by the former prime minister Tony Abbott that would have specifically blocked funding for windfarms and small-scale solar projects.
The mandate came into effect on Thursday, with a new clause outlining the shift in focus.
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