97 percent of Australian renewables investment dries up without subsidies (so the ABC gives free adverts to the industry)

JoNova (Australia)
We’re told “clean” energy is a viable and cost effective. But cut the government subsidies, and 97 percent of investors vanish (in Australia it’s collapsed from $2.6b annually to $80m). The truth is that renewables are almost totally dependent on taxpayer largess. No wonder they lobby like their life depends on it. It does."