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Renewables dream becomes taxpayers' nightmare

The poor Aussie taxpayer is likely to see more of their money diverted to energy costs

Lou Caruana
The New South Wales government has already pledged to fork out up to $450 million to utility Origin Energy so that its Eraring power station.

The New South Wales government has already pledged to fork out up to $450 million to utility Origin Energy so that its Eraring power station. | Credits: Aspermont

Australian governments have long ago privatized energy utilities around the country yet now have to pay billions of dollars back to the energy companies to ensure energy supply is locked in during their...

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