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 The $9b waste that is the OZschwitz solar industry

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

The $9b waste that is the OZschwitz solar industry Vide
PostSubject: The $9b waste that is the OZschwitz solar industry   The $9b waste that is the OZschwitz solar industry Icon_minitimeSat May 30, 2015 12:50 am

It's been dubbed 'middle class welfare' of the first order, since it is typically only wealthy households that can afford to install photovoltaic (PV) solar systems, with the higher power costs hurting low income households and renters, neither of which benefit.

The $9b waste that is the OZschwitz solar industry 1432871004441

As a result, the Grattan Institute reckons it ranks among the worst government disasters of recent years with as much as $9 billion of the $14 billion spent on rooftop solar systems in Australia wasted.

http://www.smh.com.au/business/the-economy/the-9b-waste-that-is-australias-solar-industry-20150529-gh9yfd
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