25/05/2026
But renewable energy is cheaper!!!!!!!! https://www.theaustralian.com.au/business/renewable-energy-economy/renewed-doubt-over-labors-2030-green-target-as-data-shows-new-investment-has-collapsed/news-story/4122ffcbdfafe88381df0c3f416ef11c "The Albanese government’s scheme to supercharge renewables investment has struggled to deliver, and the level of green energy generation reaching financial closure has plunged to a decade low, increasing pressure on Labor to hit its end-of-decade target" AND "The capacity scheme sees developers guaranteed a minimum return on new solar and wind projects. Under the model, should the wholesale electricity price fall below an agreed threshold, taxpayers will compensate the renewable energy project."
The Albanese government’s scheme to supercharge renewables investment has struggled to deliver, and the level of green energy generation reaching financial closure has plunged to a decade low, increasing pressure on Labor to hit its end-of-decade target.