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    Australia Will Invest Largely in Renewable Energy Sources

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    premiersolar01

    by premiersolar01

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    Australia is determined to reach its 20% national renewable energy target by 2020 and 40% target by 2050. The country will invest largely on renewable energy sources; seeding a $10 billion dollar fund in the next 5 years. This is more than double that of other investing countries like Britain who will invest a total of $4.5 billion in the coming years.