Environmental News

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.

Read more: http://www.theaustralian.com.au/national-affairs/climate/green-loans-to-flow-before-next-federal-poll/story-e6frg6xf-1226330844353