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$2.15 Billion in Subsidies: The Hidden Costs of "Cheap" Renewables
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 lines and general unreliability. This is what happens when government agencies focus on pushing unreliable renewables instead of ensuring affordable power for Australian families.
We used to have some of the cheapest electricity in the world, but these massive subsidies and failed green energy policies are driving up costs for everyone.
The net zero fantasy is already hurting our regions, ruining small businesses, and driving up the cost of living across Australia. It's time to ditch these wasteful subsidies and return to reliable, affordable power.
Transcript: https://www.malcolmrobertsqld.com.au/2-15-billion-in-subsidies-the-hidden-costs-of-cheap-renewables/
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