Australia’s Renewable Energy Target (RET) scheme has been successful over the last decade in bringing down the cost of renewable energy such as solar and wind power, as well as employing 21,000 people.
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Millions of homes and thousands of farms and other businesses have saved on their power bills by installing solar panels or solar hot water. Thousands more farmers have drought-proofed their properties by earning money from hosting wind turbines.
But all these benefits are now under threat. The Renewable Energy Target is being reviewed by the federal government.
If we leave the RET alone, we will get a further $15billion of large-scale renewable energy investment, billions more in household technologies such as solar and thousands of local jobs.
Kane Thornton, acting chief executive, Clean Energy Council
