'A shot in the arm:' Victoria backs clean energy in bid to fuel COVID-19 recovery: SMH

(Pics by this blog)

"Clean energy projects will receive a Victorian government funding boost in the hope of driving the state's battered economy out of the coronavirus downturn and avoiding a slump in wind and solar investment.

Victorian Energy Minister Lily D'Ambrosio is preparing to brief 

300 investors on Wednesday about the launch of a formal process to test interest in building 600 megawatts of renewable energy capacity statewide, which she said would drive down prices and create new jobs at a critical time."

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"Climate advocates say the unprecedented upheaval of COVID-19 presents a once-in-a-generation opportunity to accelerate the energy transition. Mr Thornton said there was now a "massive consensus" in Australia and around the world about the potential for renewable energy to play a leading role in the economic recovery from COVID-19."

By Nick Toscano and Miki Perkins

September 1, 2020

Go to the complete SMH article 

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