Sunday, October 29, 2006

Australia Approves World's Largest Solar Plant

Last week the world's largest solar power generating plant was announced in Australia. The federal government agreed to contribute $75 million towards the A$420 million (US$319 million) 154 megawatts solar power project in Victoria.

Though making a significant financial contribution, John Howard's federal government continues to come under sharp criticism for failing to sign on to Kyoto and for not taking sufficient action to help curb greenhouse gas emissions. Despite the feds financial contribution, both Solar Systems Generation - the company building the plant - and the state of Victoria's Premier Steve Bracks are crediting Victoria's legislated target of 10 per cent green power by 2016 for making the project viable.

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