Labor backs RET but not two-year reviews
LABOR says it will support the Federal Government's renewable energy target of 33,000 gigawatt hours, but only if native wood waste burning and plans for a two-year review are scrapped.
Shadow environment minister Mark Butler announced on Tuesday that the Labor caucus had agreed to support the renewable energy target of 33,000 gigawatt hours as part of the push for 25% of Australia's electricity to be sourced from renewable resources by 2020.
But Mr Butler said the government needed to scrap the "reckless idea" of establishing two-year reviews.
He said these reviews went to the heart of investor confidence and that no one would invest in renewable energy if there was a possibility things would change following a review.
"There is no deal if the government wants to have two-year reviews," Mr Butler said.
He also said Labor continued to oppose native wood waste burning.