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Australia must act on climate change - Broadbent
David Curtin - Wednesday, April 18, 2012
AUSTRALIA'S economy will be "very
vulnerable" if it does not act on climate change, says Reserve Bank of
Australia board member Jillian Broadbent.
The comment follows the Federal Government's release yesterday of
her independent review of its Clean Energy Finance Corporation (CEFC),
which will offer up to $10 billion to companies in the renewable energy
sector struggling to secure capital.
Ms Broadbent says Australia risks being left behind in the global shift toward renewable energy and carbon reductions.
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