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Government told keep RET promise

Mathew DunckleyDeputy Editor, The Age
Updated

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Drastic reductions to the renewable energy target (RET) would be a breach of faith with the electorate that could cost billions in investment, leaders of big green power companies say.

A review of the RET is due with the government in July, amid rising opposition from government MPs to the current scheme that forces power retailers to buy renewable energy.

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Mathew Dunckley is deputy editor and investigations editor at The Age. He was previously digital editor at the Age, national business editor for The Sydney Morning Herald and The Age and Melbourne bureau chief for the Australian Financial Review. Connect with Mathew on Facebook and Twitter.

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    Original URL: https://www.afr.com/markets/commodities/government-told-keep-ret-promise-20140625-j0632