Federal government support has been crucial to growth in the solar and wind industries. A new report by Climate Policy Initiative (CPI), Supporting Renewables while Saving Taxpayers Money, shows the government could sustain that support at much lower cost to taxpayers, by replacing current tax credits with cash incentives. For example, a taxable cash incentive for wind energy could deliver the same support to wind projects as current policy and almost halve the cost to taxpayers.

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