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There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies

المصدر: World news | The Guardian · نُشر

There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies
المصدر: World news | The Guardian

EVs and home batteries are in Treasury crosshairs despite a better economic case for scaling back nuclear-powered submarines and diesel fuel rebates for miners Get our breaking news email , free app or daily news podcast As Jim Chalmers, the treasurer, comes under increasing pres

EVs and home batteries are in Treasury crosshairs despite a better economic case for scaling back nuclear-powered submarines and diesel fuel rebates for miners Get our breaking news email , free app or daily news podcast As Jim Chalmers, the treasurer, comes under increasing pressure to fight inflation by slashing spending in the mid-year budget update, the drumbeat is loudest for cuts in one specific area: green energy subsidies for households. Receiving the most focus is the cheaper home batteries program , which from July last year has offered a taxpayer-backed 30% rebate to households and businesses. Continue reading...

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