Total Flop: 20 years & $60 Billion in Subsidies, Wind & Solar ‘Deliver’ Risible 7% of Australia’s Power Demand.

The line that Australia’s rocketing power prices will soon plummet is just a cruel hoax.

The subsidies for large-scale wind and solar under the Federal government’s Large-Scale RET will total more than $60 billion over the life of that scheme: the Renewable Energy Certificates issued under the LRET have already added more than $18 billion to power bills, so far.

https://stopthesethings.com/2019/07/20/total-flop-20-years-60-billion-in-subsidies-wind-solar-deliver-risible-7-of-australias-power-demand/?

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