Aust behind on climate change: Broadbent

NineMSN: Australia's economy will be "very vulnerable" if it does not act on climate change, says Reserve Bank of Australia board member Jillian Broadbent. The comment follows the federal government's release on Tuesday of her independent review of its Clean Energy Finance Corporation (CEFC), which will offer up to $10 billion to companies in the renewable energy sector struggling to secure capital. Ms Broadbent says Australia risks being left behind in the global shift toward renewable energy and carbon...

URL: http://news.ninemsn.com.au/national/8453207/aust-behind-on-climate-change-broadbent