We have all seen the advertisements and articles for renewable energy in Australia ensuring a cleaner country for the future and sustainability of our energy resources. It seems that the majority of energy retailers are pushing renewable energy and sustainability but is it really what Australians want?
According to the Australian Government Department of Resources Energy and Tourism renewable energy is not a key driver for consumers. Renewable energy only accounts for 2% of Australia’s energy supply and it is only forecasted to reach 8% of Australia’s total energy consumption by the year 2029 far from the current goal of renewable energy making up 20% of Australia’s consumption by 2020. Coal and oil will continue to be the primary resource due to its affordability.
So why are the forecasts so far off the goal, it is not due the lack of awareness, Origin Energy is currently running its Sustainability Drive campaign promoting sustainable energy and to help build ‘green’ neighbourhoods. Also other major retailers including Tru Energy, Red Energy, AGL are all pushing GreenPower accredited energy plans.
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