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Green loans to flow before next federal poll
David Curtin - Wednesday, April 18, 2012
JULIA Gillard's $10 billion green
bank will begin writing the first loans for renewable energy and
emissions reductions projects as early as July 1 next year - just weeks
before a federal election will decide the future of the carbon pricing
package.
The Clean Energy Finance Corporation will write loans with terms of more than a decade, providing a potential complication to Tony Abbott's vow to scrap the carbon pricing scheme in favour of his direct action plan if he wins power at the next election.
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