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Barnaby Joyce. A middle-aged man in a grey suit and blue patterned tie stands in front of glass doors, seen from the shoulders up in a three-quarter profile view.
✓ 7NEWSPower & Policy1 min read

Plibersek refuses to name renewable energy scheme cost as Joyce demands figures

Plibersek refused to name the cost of the Capacity Investment Scheme. She said business reasons kept it secret.

One Nation MP Barnaby Joyce questioned Social Services Minister Tanya Plibersek on Sunrise. The pair discussed renewable energy spending.

Joyce asked her to state the cost of the Capacity Investment Scheme. Joyce said she had promised figures five weeks earlier.

Plibersek said the costs were in the federal budget. She mentioned the Clean Energy Finance Corporation.

It is a government-owned green bank. It gives back $7 billion a year to taxpayers.

This comes from clean energy investments. When Joyce kept asking, Plibersek said some figures were business secrets.

Joyce accused her of paying big international companies with taxpayer money. Plibersek defended the programs.

They had helped about half a million Australians install home batteries. More than three million households now have rooftop solar.

She said the government had already made $180 billion in savings. But it would not cut programs that hurt people.

7 billion dollars
CEFC annual return
about half a million
Home batteries installed
more than 3 million
Rooftop solar households
180 billion dollars
Government savings claimed

Why it mattersRenewable energy spending is a major issue in federal politics. Voters and investors need to know if government plans are open and working well.

AustraliaAustralian households are watching whether the Albanese government will reveal the full cost of renewable energy transition programs as it faces pressure to find budget savings.

✓ Claims checked against the source. checked 1 h ago

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