Environmental Upgrade Agreements

Environmental Upgrade Agreements

It’s been a bit of a bleak few months in the energy efficiency space. The repeal of the carbon price removed a price signal that clearly favoured energy efficient investment; the defunding of the Energy Efficiency Opportunities (EEO) program relieved companies of the need to go out and seek opportunities to reduce their energy consumption; and the Victorian Government’s commitment to repeal the Victorian Energy Efficiency Target (VEET) scheme if re-elected has introduced further uncertainty into an area that already has its fair share of doubt.

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