Ian Macfarlane: Coalition is sticking to reduction in renewable energy target

Industry minister says that because electricity consumption has fallen 15%, the RET must be reduced by the same amount

The government is sticking to its proposed reduction in the renewable energy target (RET), saying that nothing has changed in terms of its climate policy.

Industry minister Ian Macfarlane has told the ABC that cutting the renewable energy target from 41,000 gigawatt hour to 27,000 gigawatt hours is reflective of a fall in household energy consumption.

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