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| Good... |
| Policies that might stop runaway climate change and adopt a climate emergency response |
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| Poor... |
| Policies that wont stop runaway climate change but have numerous positive elements that will help the adoption of a stronger response down the track |
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| Very Poor... |
| Policies that wont stop runaway climate change and take only limited action which will not stop global warming reaching dangerous levels quickly |
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| Bad... |
| Policies that seek to delay action or deny there is a problem |
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Target 300 Report ReleaseTarget 300 has released a report titled - How Kevin Rudd managed to turn solar photo voltaics (PV) into Australia's most greenhouse gas intensive form of energy production. The report outlines how selling of Renewable Energy Certificates under the Solar Credits Scheme burdens owners of solar PV systems with high levels of emissions for relatively little gain. The report concludes the solar credit scheme needs to be replaced.
Download a PFD of the report by clicking here
The diagram below from the report shows how under the Solar Credit Scheme, solar PV owners sell four volumes of non existent renewable electricity, in the form of Renewable Energy Certificates (RECs), for each real volume of renewable electricity produced, accepting both the dollar value of the RECs and the emissions the RECs are used to offset.
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