While Australia's mining companies are no doubt delighted by Abbot's election victory over the weekend, a Coalition government is likely to hamper the development prospects of the renewable energy sector.

The mining industry will derive major benefit if Tony Abbott follows through with his plan to annul both the mining and carbon taxes introduced by his Labor predecessors. The introduction of the mining tax in particular triggered fervent opposition from Australia’s cash-rich resources sector, and played a pivotal role in…