BUSINESS leader Dick Warburton has been named as the head of a panel to review the renewable energy target, which mandates that 20 per cent of electricity must come from renewable sources by 2020.
Mr Warburton is the former head of Manufacturing Australia, a vocal anti-carbon tax lobby group, and was today labelled a “climate sceptic” by Greenpeace Australia.
Earlier this evening Burchell Wilson, chief economist at ACCI, spoke to the 730 Report about renewable energy policy. Watch the whole thing.
Update: The transcript is up.
BURCHELL WILSON: Look, the Renewable Energy Target is – it’s corporate welfare on a massive scale directed towards the renewable sector. I don’t know why anyone would have any level of sympathy for businesses that – they don’t employ many people, that they don’t export anything and they’ve surreptitiously imposed these massive costs on energy consumers for the sake of lining their own profits.