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Labor's $15bn+ energy policy cops criticism, left and right

Opposition Leader Bill Shorten

Leader of the Opposition Bill Shorten addresses Bloomberg's New Energy Finance event in Sydney Source: AAP

Federal Labor is promising to spend more than 15 billion dollars, if it wins power, in upgrading the national electricity grid and boosting renewable energy. To meet its target of 50 per cent renewables by 2030, households would be given taxpayer subsidies to install batteries and solar panels. The opposition's plan is facing criticism from both sides - from the Coalition and the Greens.


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By Gareth Boreham

Presented by Tina Vassiliev-Kern

Source: SBS




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Federal Labor is promising to spend more than 15 billion dollars, if it wins power, in upgrading the national electricity grid and boosting renewable energy. To meet its target of 50 per cent renewables by 2030, households would be given taxpayer subsidies to install batteries and solar panels. The opposition's plan is facing criticism from both sides - from the Coalition and the Greens.


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