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The government will underwrite risky investments in renewables – here's why that's a good idea

  • Written by Tony Wood, Program Director, Energy, Grattan Institute

Climate Change and Energy Minister Chris Bowen today announced a scheme to underwrite the risk of investing in new renewable energy generation and storage.

The expansion of the national Capacity Investment Scheme follows a successful pilot study with New South Wales. The government paid A$1.8 billion for just over a gigawatt of capacity, through a...

Read more: The government will underwrite risky investments in renewables – here's why that's a good idea

Times Magazine

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