A COVID-19 recovery plan which brings forward investment in new renewable projects and builds on Australia’s huge potential as a clean energy manufacturer will create tens of thousands of new jobs, stimulate regional economies, deliver cheaper power prices, and help to tackle climate change.
Scott Morrison and his Government need to deliver a policy which incentivises renewable energy investment and modernises the Australian economy.
To ignore the massive potential of renewable energy and renewables-related industry is exactly the type of ideological bias that has undermined progress under the Coalition Government.
After seven years and 19 energy policy attempts, this Government has no national energy policy and they continue an anti-renewables agenda, refusing to capitalise on the huge benefits that clean energy can bring to Australian households and businesses.
Even before the COVID-19 crisis renewable energy investment had collapsed by more than 50 per cent in 2019. As the RBA has recently noted this was due to the Morrison Government’s lack of energy policy.
Australians know the future is renewables; that’s exactly what the business sector, including the Australian Industry Group, is telling us and it’s exactly what the Government’s Technology Roadmap concludes.