Australia’s new $10 billion Clean Energy Finance Corporation, which will provide investment and green loans to businesses, is similar in concept to policies underway in the United Kingdom and the United States.

Renew Economy, a new online publication created by former Climate Spectator editor Giles Parkinson, launched yesterday.

Michael Shellenberger and Ted Nordhaus write: As two Americans watching from the sidelines as Australia tears itself apart over a carbon tax, it is impossible not to be reminded of our own country’s self-destructive battle over cap and trade in 2009 and 2010. And little wonder why: the Left and Right partiesin Australia have adopted [...]

Tom Dreyfus writes: Recently a series of reforms seriously diminished Victoria’s capacity to protect its natural environment and respond to the transitional challenge of cleaner energy production. As each one was announced, the signal to investors and manufacturers strengthened: Victoria will no longer support the renewable energy sector. So while the state’s major newspapers were [...]

Crikey intern Laura Griffin writes: Google announced this week a $US168 million investment in a new solar energy power plant in California. The developers, BrightSource Energy plan to create a Ivanpah Solar Electric Generating System (ISEGS) that will generate 392 gross mega watts of clean, solar energy, making it one of the world’s largest solar [...]

The Australian media is abuzz today with news of a campaign by the gas company giants for exemption from the carbon tax.

The wheels aren’t just turning on the electric vehicle (EV); the whole industry is accelerating thanks to a major new initiative by the Chinese government. Why is Australia getting left behind? asks Alice Body.