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The CEFC Turnbull wants to axe made $73 million, cut power bills for low income residents



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Senator Scott Ludlam Australian Greens Deputy Leader

Media Release

8th February 2016

The CEFC Turnbull wants to axe made $73 million, cut power bills for low income residents

Senate Estimates questioning by the Australian Greens today revealed that the Clean Energy Finance Corporation, which the Liberal Government is still determined to abolish, had made $73 million for taxpayers at the end of last year.

*Ú*äá*ÖéãèÉñá*ÜãêëïÉóîï*íóééãêâ*ñäá**ëÉéãñãëê*ïñîãêâï*Éîáê*5ñ*åóïñ*ãâêëîãêâ*ïÖãáêÖá*·* êëô*ñäáõ*5îá*ãâêëîãêâ*áÖëêëèãÖï*·*Û**áêÉñëî**Öëññ**óÜéÉè*·**óïñîÉéãÉê*îááêï* Deputy Leader, said.

*Ú*äãï*ëî ganisation is making tens of millions of dollars for taxpayers, leveraging billions of dollars in private investment in clean tech and improving household energy efficiency to reduce power bills for low-income residents. How is it not a great example of the 'innovation' this government professes to value?

*Ú*áñ*ñäá**óîêÑóéé*ëòáîêèáêñ*ïñãéé*ôÉêñï*ñë*ÉÑëéãïä*ñäãï*èëêáõ -making, job-creating, power-bill-Öóññãêâ*ëîâÉêãïÉñãëê*·*ÉêÜ*ãñ*Ôï*ëêéõ*ñäá**áêÉñá*ñäÉñ*Ôï*çááíãêâ*ãñ* safe.

*Ú*äá*** **ïÉãÜ*ñëÜÉõ*ñäÉñ*ñäá**Óèëïñ*ãêêëòÉñãòá*Ô*íîëåáÖñï*ôëóéÜ*êëñ have got off the ground if not for its investment.

*Ú*ÉéÖëéè**óîêÑóéé*Ôï*ÉííÉîáêñ*ãêêëòÉñãëê*ÉâáêÜÉ*ãï*Éñ*ÜãîáÖñ*ëÜÜï*ôãñä*äãï* âëòáîêèáêñ*Ôï*íëéãÖõ*ñë*ÉÑëéãïä*ñäá**éáÉê**êáîâõ* ãêÉêÖá**ëîíëîÉñãëê*·*ôäãÖä*ãï* unlocking innovañãëê*ôäãéá*èÉçãêâ*èãééãëêï*àëî**óïñîÉéãÉê*ñÉöíÉõáîï*·*Û**áêÉñëî* Ludlam said.

Watch the Senate Estimates exchange here:

https://www.youtube.com/watch?v=uHv9914vuMY

Media contact: David Paris - +61 408 533 877