Who Really Benefits From Reducing The Renewable Energy Target?

Synopsis

Aug 18, 2014 - 1:00am

The Renewable Energy Target is a bipartisan policy designed to reduce carbon pollution from the electricity sector and build Australia’s renewable energy industry. The Target is working, but several big power companies and industry associations are  calling for it to be cut or even abolished altogether.

Who really benefits from reducing the Renewable Energy Target? Jacobs, a leading economics firm, has done the modelling and found that the winners would be the big power companies, while the losers would be households.

To access the media release click here.
Who Really Benefits Cover
Read Report
Who Really Benefits Video Banner
$8 billion of investment and enough renewable energy to power every household in Australia.
Big power companies get $8 billion in profit. We get 150 million tonnes of pollution.
AGL stands to gain at least $1 billion from reducing the target. And we get more carbon pollution.
Email   Print   Subscribe   Donate
Contact us. For further information. Follow us. Join the conversation.
 
Sydney

Level 15, 179 Elizabeth St.
Sydney NSW 2000
Tel   +61 2 8239 6299
Fax   +61 2 9283 8154
info@climateinstitute.org.au
 
 
Site Map
 
 
 
 
 
PLATFORM + DESIGN BY GLIDER