Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
A deal between the government and crossbench senators to cut the large-scale RET to 32,500GWh may actually work out better for the renewable energy industry than waiting out for a deal involving Labor. It offers greater upside and less risk of no deal at all.
The latest data from Green Energy Markets shows solar PV installations powering on at 75MW for November but with QLD in decline. Meanwhile large scale renewable generation market share has been steadily declining thanks to seasonal factors and little new capacity due to RET uncertainty.
The PM has made an eerily similar 7.30 Report confession as Julia Gillard did several years ago. Does he realise how silly he sounds accusing others of 'intergenerational theft' while claiming the axing of the carbon tax as a great achievement?
Reading between the lines, it’s apparent nearly every MP is tiring of countless delegations, protests, letters, campaigns and distraction on the RET issue – no matter which side of the debate they are on.