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Bandt: government could deliver cheap renewable energy

The Australian government could use publicly owned electricity generators and retailers such as Snowy Hydro to offer power at cost to households and businesses, Bandt says.

I think a surplus mentality, understanding that we have got an enormous amount of sun and wind and if we back it up with storage, we could really drive down the cost of electricity in this country, and make it a place that you bring your businesses to from overseas, deliver cheap electricity for households. A mind shift is needed and the government could play a big role in that given its stake in a publicly owned generator.

We need to fast-track the build of renewables and also of storage.

But look, we have to wait to see – is there a peace [deal]? What is the agreement? What is the request that is being made? There are things that could be done right now, though. The ABC reported a couple of weeks ago that Australia is still the largest buyer of Russian oil. And it’s meant to be sanctions imposed.