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RET cuts will damage future investment in Tasmania

Media Release
Christine Milne 27 Oct 2014

"While Hydro Tasmania has said moves to water down the RET wasn't the deciding factor in pursuing the King Island wind farm, Tasmanians should be under no illusion that the Abbott government's ruthless attack on the RET has undermined investment certainty," Senator Milne said.

"A cut to the RET will impact future investment in the state.

"In its recent profit statement Hydro pointed out that uncertainty around the RET was one of the "challenging conditions" which would affect future profits, and it will.

"This is a Liberal state and federal combination determined to destroy Tasmanian jobs and investment."



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