US EditionThe hidden green energy tax forcing Australians to prop up foreign owned renewables
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The hidden green energy tax forcing Australians to prop up foreign owned renewables
Download the research noteDownload Key findings The Large-scale Renewable Energy Target (LRET) operates as a subsidy scheme by mandating electricity retailers to purchase LGCs from renewable energy producers, guaranteeing a market for renewable energy, and transferring the costs to electricity consumers. In 2024, Australian electricity consumers were made to pay $659.7 million in hidden charges on their electricity bills to the 50 largest opera…
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