The Victorian Wind Alliance has expressed concerns for the financial wellbeing of Victoria’s regional communities if reports about plunging private investor confidence in renewable energy prove correct, should the coalition win power.
VicWind spokesperson Andrew Bray said reports in today’s Fairfax papers that $4 billion would be sucked from renewables investment over the next three years if the Coalition wins are deeply troubling for Victoria’s regional communities.
“Victoria needs investment in clean wind energy, to protect and improve our local environment and make our contribution to protecting the global environment,” Mr Bray said.
“Wind power provides jobs in manufacturing, construction and maintenance.
“It provides investment in regional communities and it provides reliable incomes to farmers who host wind turbines on their property.
“It’s pretty concerning for people who want to have the income certainty of wind farms when there’s reports that banks and other investors don’t want to invest because they’re worried about what the coalition will do.
“The wind industry is not a niche, backyard operation. Australia has $29 billion dollars worth of wind developments on the table and like any other sector of our economy, it needs investment certainty,” Mr Bray said.
The articles referred to are in the Australian Financial Review (page 10) and The Age (page 1 and page 10).
VicWind brings together communities, businesses and individuals in Victoria who support more wind energy for our state.