Really, Mr Abbott?

Coalition leader Tony Abbott has called for a "serious review" of the renewable energy target, but unless he wants to waste taxpayers' money, there is no need for it.

With Tony Abbott’s recent suggestion that there should be a “serious review” of the Renewable Energy Target due to its impact on electricity prices, there are a few factors that he should bear in mind.

The RET contributes minimally to electricity prices

According to the latest assessment by the Australian Energy Market Commission, the RET only contributes 3-4 per cent to retail electricity prices, and this is projected to decrease over time.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles