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Palaszczuk’s $500m clean energy buying spree – The Australian Financial Review
Energy experts say the Queensland government risks squeezing out private investors in its desperation to reach its renewable energy target by 2030.
“By putting our money on the table, we can get more projects through the vital investment decision phase, to get construction under way as soon as possible,” he said.
‘Strange’ move
But the Grattan Institute’s energy program director, Tony Wood, said the energy market in Queensland did not need more cheap renewables.
“This has the potential to get messy very quickly,” he said.
“The market is fully supplied with renewables to meet demand for at least the next few years. If you start forcing i…
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