Aug 20, 2026 – 5.00amEnergy Minister Chris Bowen has quietly changed the rules of Labor’s flagship clean energy policy to help reverse a downturn in renewables investment, but says it will not be a catastrophe if the government fails to meet its 82 per cent target by 2030.The Albanese government’s Capacity Investment Scheme is designed to boost the rollout of wind, solar and battery projects by providing them with taxpayer-subsidised protection from low power prices, but has so far struggled to get shovels in the ground.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Clean energy target miss would not be a catastrophe: Bowen
Energy Minister Chris Bowen has changed the rules of Labor’s flagship renewables scheme to avoid a major undershoot of the government’s 82 per cent 2030 target.
107 words~1 min read
