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Clean energy bank 'seeks legal advice' after Coalition pulls plug on wind and solar projects

2015-07-13 03:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Clean Energy Finance Corporation (CEFC) is seeking legal advice after the government instructed it to halt investment in wind power and small-scale solar projects. On Sunday the federal government confirmed that wind and rooftop solar projects would no longer be financed, instead insisting the CEFC focus on funding new and emerging technologies. The CEFC was seeking legal advice on whether the governments directive fell within its investment mandate, in line with its usual legal processes....

Tags: legal advice energy bank

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