There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies
· theguardian.com · popularity 35/100 · 0 similar stories today · Public Finance, Budgets & Audits (Politics & Government)
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Summary
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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