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Showcasing Australia's clean energy credentials.



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The Hon Simon Crean MP AUSTRALIAN MINISTER FOR TRADE

19 February 2009

Showcasing Australia's clean energy credentials The Minister for Trade Simon Crean today announced the first joint Australia-New Zealand business mission to the United States and Chile to showcase the clean energy industries of both nations.

Mr Crean said there were major opportunities for the renewable energy sector after US President Barack Obama promised to invest $US150 billion in clean energy over the next 10 years.

"The Australian Government is helping to provide not only cleaner energy options for Australians but also positioning Australia as a supplier of world-class clean energy solutions to other nations," he said.

Mr Crean said the Australian renewable energy sector was highly diverse and included electricity generation from wind, biomass and hydro power, as well as technologies and expertise in photo-voltaics, geothermal and solar hot water.

Austrade's 2009 Joint Clean Energy Business Mission to the United States and Chile commences with participation in the Cleantech Forum in San Francisco from 23-24 February.

The mission will then participate in the ReTech Trade Show and Conference in Las Vegas from 25-27 February.

The focus then shifts to Santiago, Chile, from 1-3 March for a comprehensive program of networking and introductions to key industry executives.

"The Government is committed to expanding Australia's renewable energy sector domestically and helping the sector attract international investment and to take up international opportunities," Mr Crean said.

In December last year, draft legislation was released for a Renewable Energy Target which will mean 20 per cent of Australia's electricity will be generated from renewable energy sources by 2020.

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The Renewable Energy Target builds on the Rudd Government's Carbon Pollution Reduction Scheme, which will start reducing Australia's carbon pollution from next year.

Mr Crean said the joint mission was possible because of the close links between Australia and New Zealand.

Media Inquiries: Mr Crean's office 02 6277 7420 - Departmental Media Liaison 02 6261 1555

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