Compromise on RET target now more likely

By Mark Kenny
Updated October 24 2014 - 4:23pm, first published 8:02am
Winds of compromise: The government is confident a deal can be reached with Labor on a revised renewable energy target Photo: Mark Graham
Winds of compromise: The government is confident a deal can be reached with Labor on a revised renewable energy target Photo: Mark Graham
Wind-tower manufacturer Keppel Prince is slashing its Portland workforce by 100. Photo: Jessica Shapiro
Wind-tower manufacturer Keppel Prince is slashing its Portland workforce by 100. Photo: Jessica Shapiro

There is growing optimism in the federal government that a compromise can be reached with Labor on a revised 2020 renewable energy target, even as 100 jobs were shed in a wind turbine company.