Solar and wind subsidies should be scrapped: ACCC

July 12, 2018

A renewable energy scheme would be scrapped and state governments forced to stop passing on the cost of generous solar and wind subsidies to all households under a radical overhaul of Australia’s broken energy market if the Turnbull Government goes ahead with every recommendation of the major review by the consumer watchdog.

The Herald Sun reports, the ACCC’s long-awaited audit of the national electricity market and its calls for major reforms have been welcomed by Conservative Party leader Cory Bernardi who says he’s been telling the Turnbull government for the past 18 months how to make energy affordable and reliable again.

The ACCC has warned that trying to pick winners with particular technologies is driving up power bills.

The Conservative Party has long advocated a competitive tender approach to contract out the government's $450 million annual power requirements which will fix the problems in our energy market and also saving taxpayers money.

Senator Bernardi has told ABC Radio Adelaide fixing Australia’s energy woes is simple but the government isn’t doing what’s urgently needed.

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