Australia’s Renewable Energy Target, or RET, was first introduced in 2001 by Liberal PM John Howard. It has been almost entirely responsible for getting Australia’s graceful collection of wind turbines erected and getting solar panels on the roofs of 19% of our homes.
However, despite all its success, not many of us know very much about the RET.
This is understandable, as on the surface the topic is fairly dry. But once you get past that desiccated surface you soon discover what lies beneath is actually about as dry as crawling through the Simpson Desert without water for three days and then eating six plain SAO biscuits off a salt flat.
But don’t worry, I’m going to save you from having to experience that yourself. I recently filled in the gaps my knowledge of the RET and I’m ready to present you with all the juicy tidbits of information I gleaned from that dry and dusty landscape.
Feel free not to read on if you are already confident in your mastery of the topic. But before you do that, just be certain you can answer in the affirmative when I ask, do you get RET yet? [Read more…]
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