{"id":245588,"date":"2025-10-28T04:52:10","date_gmt":"2025-10-28T04:52:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/245588\/"},"modified":"2025-10-28T04:52:10","modified_gmt":"2025-10-28T04:52:10","slug":"if-renewables-are-cheaper-why-the-endless-subsidies","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/245588\/","title":{"rendered":"If renewables are cheaper, why the endless subsidies?"},"content":{"rendered":"<p>Last month, Prime Minister Anthony Albanese <a href=\"https:\/\/www.msn.com\/en-au\/news\/australia\/clean-energy-shift-to-herald-an-era-of-prosperity-pm\/ar-AA1M4djX?ocid=sapphireappshare\" rel=\"nofollow noopener\" target=\"_blank\">falsely asserted<\/a> that Australia will experience a \u201cera of growth and prosperity\u201d through a renewables-based future, with the private sector at the forefront.<\/p>\n<p>\u201cThe global shift to clean energy is the biggest economic transformation since the industrial revolution and it is a profound economic opportunity for Australia\u201d, Albanese said in a speech to the Business Council of Australia.<\/p>\n<p>\u201cIf we act now, if we get it right, we can set our nation up for a new era of growth and prosperity, one built on our strengths as a high-skill, fair-wage economy\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"Last month, Prime Minister Anthony Albanese falsely asserted that Australia will experience a \u201cera of growth and prosperity\u201d&hellip;\n","protected":false},"author":2,"featured_media":245589,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-245588","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/245588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=245588"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/245588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/245589"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=245588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=245588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=245588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}