'Hold your fire, wait until sure of a hit' says General Gillard. Don't be premature with your stimulation. Time it for maximum political and employment bang for the buck.
Parliamentarians are drifting back, Europe gropes towards success or catastrophe, PV and renewable prices continue to drop driving continued investment and employment.
Best thing the Canberra government could do would be to focus on getting a decent nationwide FIT agreement (giving a reasonable current payment and a reasonable future digression either on a fixed schedule or according to price markers). This would be relatively cheap and fix a problem that is going to fester between now and the Green dominated election.
A few moderate grants to phase in the beginnings of a commercial and utility scale PV or solar thermal industry would be a relatively cheap way of developing a minor industry that currently puts the odd blue square on quaint suburban cottages occuppied by mildly freaky green-tinged urban nutters.
CBD Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
