Creating jobs and a cleaner future with a $10 billion clean-energy fund
Creating jobs and a cleaner future with a $10 billion clean-energy fund
The Governments $10 billion clean-energy fund, which the Clean Energy Finance Corporation (CEFC) established to invest in clean-energy projects and technology is expected to match the government's five-year bond rate, now 2.8 per cent, its investment mandate has revealed.
The CEFC is expected to be investing responsibly to manage risks so it is financially self-sufficient and able to achieve a solid rate of return. So the Government is trying hard to be progressive and environmentally friendly which is a good thing.
The CEFC will sign contracts with financiers and clean-energy projects, such as wind and solar energy, in coming months and will be ready to deliver funds from July to ensure a cleaner future and create jobs in a low-pollutant industry which is alternative to mining.
The Liberal Party has vowed to scrap the CEFC if it wins the federal election and not honour any of its commitments, It also says it will save $20 billion through scrapping Australia's carbon price and associated industry and household assistance. This sounds great for profit margins, but what about the planet? what about the pollution? we should be looking forward to creating jobs with a cleaner future!
