Almost $30 billion invested in renewable energy in past two years (in Australia)
https://www.ntnews.com.au/news/national/federal-election/almost-30-billion-invested-in-renewable-energy-in-past-two-years/news-story/5401643d4ff96e20082bdc767c26cdf8
Almost $30 billion invested in renewable energy in past two years
Paul Starick, The Advertiser
April 15, 2019 10:54pm
Almost $30 billion has been ploughed into clean energy in the past two years as renewables now comprise almost one-fifth of Australias electricity generation, a News Corp Australia investigation has found.
The surging levels of investment mean more than half of South Australias electricity is now generated by renewable energy, along with 17 per cent in New South Wales and Victoria.
Queensland and Western Australia, which have the lowest proportion of renewable electricity generation, have 18 of the nations top 20 postcodes with the highest rate of rooftop solar panel installation.
Labor is vowing to make Australia a renewable energy superpower by ensuring that 50 per cent of the nations electricity is sourced from renewable energy by 2030, with measures including providing a $2000 rebate to buy and install battery systems for 100,000 households on annual incomes of less than $180,000.