There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies
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...
By Patrick Commins · The Guardian World
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...