The Forum > Article Comments > Partisan retreat on RET threatens employment > Comments
Partisan retreat on RET threatens employment : Comments
By Lisa Singh, published 29/8/2014There are now more Australians employed in our solar industry than in our coal-fired power stations. Jobs in the Australian renewable energy sector have tripled in recent years to almost 30,000.
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In 2000 when the RET target was introduced, renewables were about 5% of the generation mix. Today 14 years later renewables are just less than 10%. If the coalition reinstates the target to 20% (the bipartisan target), the requirement is to add about 2% renewables every year at about 5x the rate of the last 6 years. The suggestion that renewable workers will suffer large scale retrenchment is laughable.
Keeping Labor's partisan target of 28%, however, will push the annual requirement for new generation to 3.4% p.a. which is nearly as much as has been installed in the last decade, and most likely exceeds the ability of the industry to achieve.
Lisa Singh, I understand your desire to push the party line, but please don't lie to us in the future.