Australia’s peak body for green energy investors and producers has warned the NSW government against following ato put more energy assets in public hands, arguing that direct government ownership could crowd out the market and spook investors.
Writing to the NSW government in December, the Clean Energy Council said it welcomed government intervention to expedite a shift in the energy supply, but warned against price setting and direct ownership. Already, influential groups including the Business Council of Australia have cautioned against a return to public ownership in the energy sector.
Under the Victorian model, renewable projects will be majority-owned by the Victorian government with co-investment from super funds, likely in a 51-49 per cent ownership split. The profits will be returned to taxpayers to keep energy prices low.from Labor with a renewables-centric energy plan touted to bring certainty and lower prices to the sector.
What a picture does not make the landscape look ugly just fugly im told we will have cheaper power must mean the wind farm does not need maintance the infurstructre is free with power running to our homes via wifi so no need for poles and cable .