Tony Abbott to deliver the “kindest” cut of all.
Time to remember the original aim of the RET
Australian Financial Review
Danny Price
21 August 2014
The RET was intended to cut carbon. Opening it up to more forms of efficient generation would help get that result.
The debate over the renewable energy target has ended up exactly where you would expect a debate on subsidies to end up. The beneficiaries of the subsidy are taking the high moral ground while those adversely affected by the subsidy are crying foul.
We see similar debates in the agricultural sector. Australian farmers complain they face unfair market conditions because the international farmers they compete with have the protection of subsidies, while our government provides none.
In this case, the coal-fired generators claim they are finding it hard to recover their costs on existing investments while the renewable generators who earn a subsidised…
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Aug 25, 2014 @ 13:08:18
It went hand in hand with an ETS. Without an ETS it make little sense
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