VICTORIA is one of the states with the most to lose if the Federal Government slashes the national Renewable Energy Target, following the recommendations of a review by former Caltex chairman Dick Warburton.
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Despite the review concluding that the Renewable Energy Target was working effectively and that reducing the target would result in higher prices to consumers, it still recommended slashing the target.
If the Federal Government goes down this path, it will be much harder for mums, dads and small businesses to install solar power and solar hot water systems to help reduce their power bills.
Not only that, but more than 2000 Victorian solar jobs and hundreds of solar businesses would also be at risk if the policy is cut. Billions of dollars in investment will be created if the target is left alone, generating jobs, providing work for contracting businesses and solar installers.
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