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$2.15 Billion in Subsidies: The Hidden Costs of "Cheap" Renewables - Malcolm Roberts
Summary by Malcolm Roberts
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$2.15 Billion in Subsidies: The Hidden Costs of "Cheap" Renewables - Malcolm Roberts
During the last Senate Estimates, I questioned ARENA about their massive spending of taxpayer money. The numbers are staggering – they’ve now committed $2.15 billion in subsidies to supposedly “cheap” renewable projects. Despite claims that solar is “the cheapest form of electricity generation in history,” Australians’ power bills tell a different story. The reality is they don’t account for all the extra costs of firming, storage, transmission …
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