Attacking the RET will open another tough battlefront for Abbott

By Michelle Grattan

With all eyes on Barack Obama’s next move, Abbott on Thursday told Parliament that if Australia were asked for military assistance in the fight against the Islamic State “there would be the standard approvals process, which would involve cabinet decision making, and consultation with the opposition. “Should we be asked, we would want to look at any request in the light of achievable objectives, a clear role for Australian forces, a full risk assessment, and an overall humanitarian objective,” he said.

The second is winding back the target (of sourcing 20 per cent of electricity from renewables by 2020) from the 26 per cent to which it is headed, by a formula that the review claims would achieve a 'real' 20 per cent on current demand projections. (The report also recommends either closing immediately the small scale renewable energy scheme, which principally involves roof top solar, or accelerating its phase out.

So for example when an issue such as the future of the Renewable Energy Target comes up, we can observe that companies and individual business figures with fossil fuel interests contributed a total of more than $900,000 to the federal Liberal Party over the four years from 2009-10 to 2012-13.

He bawled out a Labor senator who suggested the government was scaremongering as a distraction from the budget, and told a news conference: “There will not be a debate in this nation in terms of political point scoring from either Liberal or Labor about the importance of tackling this threat.

Read more here: Business Spectator


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