Heavy industry profits from the RET

Contrary to public opinion, Australia's energy intensive industries will actually profit from the renewable energy target, according to Climate Spectator analysis. And the profit could be substantial.

Analysis by Climate Spectator reveals that energy intensive industries will end up saving money on their electricity bills as a direct result of the renewable energy target. This is due to a combination of large exemptions from the cost of the RET for these industries, combined with the effect of additional renewable energy supply depressing wholesale electricity prices.

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