
Is $15 a year really too much to pay for renewable energy?
Published by The Conversation. View original article.
Cooling towers at Yallourn, one of Victoria’s major brown coal power generators. Flickr/ccdoh1
Australia’s Renewable Energy Target looks likely to be weakened or even axed, with the Prime Minister saying the scheme needs to be reviewed because it is causing “pretty significant price pressure”.
But does $15 a year sound like a “pretty significant” cost to you?
According to the last national review of the Renewable Energy Target, $15 a year from now to 2031 is all that an average Australian household would save if we scrapped our national scheme to drive extra investment in renewable power. Continue reading “Is $15 a year really too much to pay for renewable energy?”