Opposition Leader Bill Shorten has pledged $15 billion to transform Australia into a renewable energy "powerhouse" in a plan that promises to secure supplies and relieve households stung by soaring electricity bills.
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| Labor would provide $200 million in subsidies towards battery storage to support rooftop solar. |
Mr Shorten on Thursday announced a future Labor government would double the original $10 billion capital of the Clean Energy Finance Corporation as part of a 10-year investment plan to lower energy prices, cut carbon pollution and create employment.
Read the story from The Age by Nicole Hasham - “Labor announces $15 billion to 'turbo charge' renewables sector."
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