Shrinking the cost of renewables

Renewable energy target opponents are making one last ditch effort to be heard by the Climate Change Authority, but it likely matters little, especially now the costs of the scheme have been slashed.

On Wednesday, the front page of The Australian and the third page of The Australian Financial Review carried stories of complaints about the renewable energy target. It was followed up today by an editorial in The Australian and one suspects many more similar pieces in coming weeks. It represents the last roll of the dice for those critical of the scheme to influence the Climate Change Authority on the RET Review, but it will probably come to nothing.

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