Renewable energy investors have warned “deep structural issues” are driving a slump in solar and wind investment in Australia, with commitments on large-scale farms at the lowest level in almost a decade.
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The article says the investments have slumped - not crashed!
The regulator said there was “real potential” that much more could win financial backing next year, in part due to its expanded capacity investment scheme, an underwriting program for the solar, wind and batteries needed to replace ageing and dirty coal-fired power stations.
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You’re right; the Guardian said slump. The Australian used the C word.
Solar, wind investment crash puts renewable target in doubt
https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_DDG&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Frenewable-energy-economy%2Ftrapped-in-transition-torture-solar-wind-investment-crash-puts-renewable-target-in-doubt%2Fnews-story%2F04b8a72b3f1bd959f209d0bf8669ab7e&memtype=anonymous&mode=premium&v21=GROUPA-Segment-2-NOSCORE&V21spcbehaviour=append
Meanwhile, the Wall Street Journal takes on Europe.
Europe’s Green Energy Rush Slashed Emissions – and Crippled the Economy
https://www.wsj.com/business/energy-oil/europes-green-energy-rush-slashed-emissionsand-crippled-the-economy-e65a1a07
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