Feed-in tariff baby thrown out with bath water

A gulf between perception and reality surrounding renewable energy support schemes is leading to knee-jerk policy to counter concerns around electricity prices. This will hurt investment and ultimately increase the cost of low carbon electricity supply.

Yesterday, the Queensland Government broke its election promise to retain the 44 cent feed-in tariff for solar PV generation only three months after being elected.

Was this entirely foreseeable? Yes, in fact following Campbell Newman’s election I wrote that the solar PV industry needed to see the feed-in tariff promise spelt out in unambiguous detail that gave no wriggle room.


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