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Flat White

Renewables subsidies: $22 billion by 2030

5 April 2022

9:00 AM

5 April 2022

9:00 AM

Energy Minister Angus Taylor noted that the Commonwealth Budget added $1.3 billion to assist uneconomic renewable energy, bringing the total support to $22 billion by 2030. Added to direct budget support are the regulatory subsidies that force consumers to pay for otherwise unviable wind and solar energy as well as the networks that have to be built to bring their energy to market.

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