New study on renewables should make for ‘sombre reading’ for Chris Bowen [Video]

Data from the Clean Energy Council should make for “sombre reading” for Energy Minister Chris Bowen as he “rockets around the country desperately selling his climate plans”, says Sky News host Steve Price.

This comes after The Australian reported on Wednesday that according to the council, investment in renewable energy projects over the past 12 months has collapsed.

“Fact one, last year, 2023, spending on large-scale renewable energy projects fell by 80 per cent from the previous year,” Mr Price said.

“Fact two, investment in big solar and wind projects … plummeted to just $1.5 billion in 2023 down from $6.5 billion the year before.

“Fact three, big wind farms were hit hardest – now remember Bowen spends his out of parliament time spruiking big wind – well guess what, there were no new financial commitments … to the big wind projects in 2023 after six the year before.”