Garbage in, garbage out: why the latest renewable energy target review is trash | Lane Crockett

#Energy

The ACCIs new modelling on the renewable energy target, an economic and environmental success story, gives off a whiff of lobby group desperation

There is a pungent aroma emanating from the latest piece of economic work being spruiked by the Australian Chamber of Commerce and Industry (ACCI) about the claimed economic disaster that is befalling the nation, because of the renewable energy target (RET).

Underneath the media statements, there are two unpleasant smells. The first is the unmistakable stench of the garbage assumptions that have been shovelled into the Deloitte economic black box. The second is a subtle whiff of desperation that comes from a group of big business and their lobby groups that find themselves backed into a corner.

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