Green loans to flow before next federal poll

Sid Maher & Annabel Hepworth
Australian

JULIA Gillard’s $10 billion green bank will begin writing the first loans for renewable energy and emissions reductions projects as early as July 1 next year – just weeks before a federal election will decide the future of the carbon pricing package.

The Clean Energy Finance Corporation will write loans with terms of more than a decade, providing a potential complication to Tony Abbott’s vow to scrap the carbon pricing scheme in favour of his direct action plan if he wins power at the next election.

Read More: Green loans to flow before next federal poll

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