Australia to dump renewable energy subsidies, quit trying to control climate with windmills and solar?

Wow. Australia may dump the RET — the renewable energy target — and stop trying to use our national grid to make global weather nicer for our great grandchildren? This would be legendary.

“Lowering prices will be more important than lowering emissions”

Don’t break out the Moet yet. Note two caveats.

1. The Daily Telegraph “understands” this to be true. Not definitively announced. Not passed through cabinet. Is this just testing the water to see how hot it is?

2. Australia will still try to meet our pointless Paris agreement some other way. Sure.

Will those big complex winner-picking, market fiddling schemes go?

Daily Telegraph

RENEWABLE energy subsidies and emission-reduction targets will be replaced with a focus on lowering electricity prices under the Morrison government.

New Energy Minister Angus Taylor said the federal energy policy has been “a mess” and says the fact prices have soared while blackouts persist means something has “gone terribly wrong”

The complex schemes Mr Taylor refers to are understood to be the Large-scale Renewable Energy Target (LRET), which subsidises the development of renewable energy.

The Daily Telegraph understands emission-reduction […]