Exploring the Debate Surrounding The Investment of Solar Energy Develop

As part of the Kyoto protocol international efforts to combat climate change have seen signatory nations relegate to limit and reduce greenhouse gas emissions through a miscellanea of mechanisms (United Nations Framework prescript on Climate Change 2008). The Australian organization as part of its commitment to the Kyoto Protocol implemented the Renewable slide fastener Target (RET) scheme that would see a minimum 20 per penny of Australias electricity supply being delivered through renewable sources by the year 2020 (Australian Government Department of Climate Change and Energy susceptibility 2012). In developing a renewable energy strategy a range of issues arise concerning the feasibility, reliability and policy in implementing solar as a source of renewable energy. Instead of examining the technical specifications of current solar technology efficiency this essay aims instead to provide a common overview to the current levels of investment by government in the Australian solar industry and explore the debate involved with the implementation of solar ply as part of Australias energy landscape. Due to the worlds abundant supply of solar energy there is an additional reference by developed countries that solar has tremendous potential in adjudicate the global dilemma of increasing energy consumption and climate change. solar energy has obvious advantages compared to other energies in part to it having minimal environmental and ecological hazards associated with its production (Solangi, Islam, Saidur, Rahim, et al. 2011). Solar energy technologies have shown the highest growth in clean energy finance and investment, increasing 44 per cent to $128 meg in 2011 (The Pew Charitable Trusts 2012, p. 3). Recent price drops in solar module pric... ...direct.com/science/article/pii/S1364032111000220 Accessed whitethorn 19, 2012.The Pew Charitable Trusts 2012. Whos Winning the Clean Energy Race? Report 2011 Edition. Available at http//www.pewenvironment.org/ uploadedFiles/PEG/Publications/Report/FINAL_forweb_WhoIsWinningTheCleanEnergyRace-REPORT-2012.pdf Accessed May 19, 2012.United Nations Framework Convention on Climate Change 2008. Mechanisms under the Kyoto Protocol. Kyoto Protocol to the United Nations Framework Convention on Climate Change. Available at http//unfccc.int/kyoto_protocol/mechanisms/items/1673.php Accessed April 30, 2012.Wright, J. 2009. The contribution of renewables in Australias future energy mix. Australian Academy of Science. Public Lecture serial Australias Renewable Energy Future. Available at http//science.org.au/events/publiclectures/re/wright.html Accessed May 20, 2012.