Australia ends Abbott's war on wind farms, lifts govt funding ban

Melbourne

AUSTRALIAN Prime Minister Malcolm Turnbull lifted a ban on government investment in wind power introduced by predecessor Tony Abbott, in another policy shift that coincides with a global climate-change deal to curb fossil-fuel pollution.

Environment Minister Greg Hunt issued the state-backed Clean Energy Finance Corp with orders cancelling Mr Abbott's directive which prohibited the A$10 billion (S$10.2 billion) renewable energy fund from investing in new wind power projects, according to a Dec 3 investment mandate obtained by Bloomberg.