Total Flop: 20 years & $60 Billion in Subsidies, Wind & Solar ‘Deliver’ Risible 7% of Australia’s Power Demand

The line that Australia’s rocketing power prices will soon plummet is just a cruel hoax. The subsidies for large-scale wind and solar under the Federal government’s Large-Scale RET will total more than $60 billion over the life of that scheme: the Renewable Energy Certificates issued under the LRET have already added more than $18 billion … Continue reading Total Flop: 20 years & $60 Billion in Subsidies, Wind & Solar ‘Deliver’ Risible 7% of Australia’s Power Demand

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July 20, 2019 at 02:30AM

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