Electricity system delivers unsustainable returns, low investment in renewables: unions
14 Nov 2022
The current electricity system disincentivises investment in renewables while delivering unsustainable dividends to shareholders in the four big electricity companies, a new report claims.
Generating Scarcity: How the gentailers hike electricity prices and halt decarbonisation, by First Union, the CTU and 350.Org claims the four big generator-retailers delivered $3.7 billion in excess dividends to shareholders between 2014 and 2021.
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Story copyright © Carbon News 2022
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