COVER STORY Federal Government should abolish Renewable Energy Certificates*

The inexorable push to drive Australia towards greater reliance on wind and solar power is pushing up average power prices, increasing the unreliability of the system, and may force the premature closure of remaining coal-fired power stations. This is occurring despite prices falling below zero during times of over-supply. Governments in Labor states such as Victoria and Queensland have been ramping up the switch to renewable energy, to prove their environmental credentials and prevent a furthe…

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