Thursday, October 26, 2006

Australia launches carbon cut plan

The Australian government, which has so far refused to sign the Kyoto protocol, has launched a major carbon-cutting plan with $500m to be invested in low-carbon technologies and now plans for the world's biggest solar plant.

With Australia in the grip of the worst drought for 100 years (see related story), the government has faced increased pressure on the government to introduce an alternative path to lower greenhouse gas emissions.

Despite dismissing suggestions that the current drought could be caused by climate change, Australian prime minister John Howard has bowed under the pressure and introduced a carbon-cutting investment plan that include renewables but centres on cleaning up emissions from coal-fired power stations.

The most spectacular of the renewable energy investments will most likely be a £170m solar plant, set to become the world's biggest.

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