Sunday, May 08, 2011

The sun sets on the solar bonus scheme


THE State Government is considering clawing back money from Solar Bonus Scheme customers in an attempt to balance the books.

Trade and Investment Department deputy director-general Mark Duffy said they were looking at a number of options to pay off a $1.8 billion black hole left behind by the Keneally government.

Mr Duffy described the SBS, adopted last January, as a "plane crash".

"The solar cells are insufficient when it comes to carbon reduction. Those who got into the scheme are in super windfall territory," he said.

See full Article.