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O.T Carbon Tax v's PV ecomonic? but for who 19-Aug-2011 At 8:12:40 AM evanbb

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On 19/08/2011 JamesMc wrote:
>On 18/08/2011 evanbb wrote:
>>
>>Nah James, they fixed that loophole.
>
>DId they? How? Pleased to be corrected.
>
>
>JameMc

The schemes are separate now; the Large Renewable Energy Target and the Small REScheme. Domestic permits only count towards the SRES, which means they are not able to be purchased by retailers to cover off their LRET obligations.

This sort of explains it:
http://www.climatechange.gov.au/government/initiatives/~/media/publications/renewable-energy/enhanced-ret-fs-pdf.ashx

This does a better job:
http://ecogeneration.com.au/news/the_lret_and_sres_explained/043472/

It seems to me that retailers need to meet 2 different targets; the LRET (which is essentially the continuing MRET) and the new Small scale technology scheme.

I think the whole scheme is stupid; running two schemes to create an artificial demand for something with marginal benefit is ridiculous, but no one ever seems to ask me what I think.