No surprises in the Warburton Review recommendations published this week. The review panel was after all hand picked to return a result the conservative and ideologically driven Abbott Government would be happy with.
Chaired by self confessed climate denier and former chairman of Caltex Dick Warburton, the recommendations involve changing the target by either closing the scheme to new investors or by setting targets based on the growth of electricity demand. The review also called for the outright abolition of the small-scale RET scheme - the scheme that assists solar PV panels installation on domestic houses and small businesses. This change would push up the cost of panels by 50 per cent according to a Sydney Morning Herald Report.
The review was very narrow in focus and did not consider adequately the climate science imperative for rapid climate change action and need to rapidly transition to renewables in stationary energy, and the need to do this as part of the global uptake in renewables, and nor did it assess or model the substantial health benefits and reduced medical costs provided of reduced air pollution.
Link: Warburton Review of the Renewable Energy Target
