ALP Backs Down From Green Schemes

Peter GarrettTHE Federal Government has scrapped its blotched $2.45 billion insulation scheme, designed to save jobs – but instead, now looking to cost them.

Environment Minister Peter Garrett announced the scheme’s termination on Friday February 19, describing the risks as “unacceptably high” – and releasing research from as far back as early 2008, warning the hugely expensive program could result in fraud, and house fires.

The Greens Loans program, and solar hot water scheme were also scrapped on Friday.
It’s reported up to 160,000 homes have been fitted with sub-standard ceiling batts “with minimal benefit to the environment”, while around 80,000 households face safety risks.

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