Here’s why Australia needs to keep subsidising renewables

Conservatives love subsidies because they know that they work. It’s why they spend $11bn subsidising private schools and $6bn subsidising private health insurance. It’s why they’re so keen to subsidise new coal mines and coal-fired power stations. And of course, it’s the reason that they are so obsessed with renewable energy subsidies — they know just how effective they would be.

Subsidies that encourage people to install solar and
batteries on their homes speed up the rate at which
 renewables squeeze the coal-fired power stations
 out of business.

There are those who think mining more coal is a good way to reduce greenhouse gas emissions and then there are those who don’t. I’m definitely one of the latter. And for those who want to see Australia’s emissions fall, there is no doubt that we need more subsidies for renewables.

Read the comment from The Guardian by Richard Denniss - “Here’s why Australia needs to keep subsidising renewables.”