The release of another review of the Renewable Energy Target (RET), this time by the Climate Change Authority (CCA), again shows the success and efficiency of the policy and questions the need for major change, the Clean Energy Council said today.
Clean Energy Council Chief Executive Kane Thornton said the CCA report concluded that the RET was working effectively and should provide further impetus for the Federal Government to drop its radical proposal to slash the RET and reach a more reasonable agreement on the future of the scheme.
“The renewable energy industry is currently frozen due to the uncertainty caused by multiple reviews of the RET in 2014, and the government’s proposal to slash the scheme which has shattered the long-standing bipartisan support of the policy,” Mr Thornton said.
“This is the third review in two years to conclude that the scheme is successful and dismisses any argument for why the scheme should be slashed. The CCA report reiterates that slashing the target would actually result in higher power prices and lead to increased carbon emissions.
“Despite the growing momentum for renewable energy internationally, approximately 21,000 workers in the Australian renewable energy sector are going into Christmas wondering whether they will have a job in the new year,” he said.
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