Taxpayers could pay to build offshore wind farms as the Albanese Labor Government’s ideologically driven renewables only agenda continues to collapse.
The ABC today reported the government “will consider direct funding support” for offshore wind farms as multiple projects fall over or are put on ice.
Is taxpayer subsidy for offshore wind the new Labor policy?
Climate Change and Energy Minister Chris Bowen needs to tell the Australian people how much they will pay to build his offshore wind farms.
Minister Bowen has kept the cost of his Capacity Investment Scheme a secret, will the taxpayer commitment to build wind farms be a secret as well?
Is the cost of directly funding offshore wind farms on top of the $642 billion that Labor’s ideologically driven renewables only agenda is already expected to cost taxpayers?
The ABC also reported that BlueFloat Energy, the company chosen by the Albanese Labor Government to build wind farms off Illawarra and Gippsland, is pulling out of Australia.
The ABC reported the company “ran a ‘speculative’ model which ran into financial problems”.
Did the Minister know about this speculative financial model when he signed off on BlueFloat’s approval?
Chris Bowen can’t be trusted.
Bowen promised a $275 cut to Australians’ electricity bills which he hasn’t delivered.
He told 2GB in 2023 that offshore wind farms would not receive government money. “The firms are looking at coming and doing it on their own bat at their own cost, and they don’t need a federal subsidy,” Bowen said. Now the ABC reports the government is considering subsidising offshore wind farms.
The government didn’t tell voters they would be paying to build offshore wind farms, what else aren’t they telling us?