Renewable Rush: Labor Underwrites 20 Mostly Unapproved Projects
The Albanese Government has underwritten 20 large-scale renewable energy projects across 5 states, with taxpayer funds under its Capacity Investment Scheme.
These projects, spanning solar, wind, and battery storage, represent $17 billion in local investment and are expected to generate enough electricity to power over three million Australian homes.
Critics warn that the scale, speed, and cost of developments raise serious questions about risk, land clearing, community engagement, and meeting Australia's climate targets for 2030, 2035, and 2050.
The move is part of Australia's expansion of renewable energy, with new mapping showing a renewables explosion across regions.
Author's Summary
Australia invests $17 billion in 20 renewable energy projects.
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