Lambie seeks full aluminium RET exemption

Palmer United Senator Jacqui Lambie has said she is pushing the partyroom to adopt a 100 per cent exemption for the aluminium sector from the Renewable Energy Target.

The aluminium sector is currently exempt from 90 per cent of the cost of the RET beyond the first 9500GWh of the 41,000GWh target (putting the overall ), with the scheme also putting downward pressure on wholesale electricity prices which would offset the aluminium sector's burden further.

Senator Lambie told The Australian that she had put forward a proposal to extend the exemption to other high-energy users – "all four members of Tasmania's 'big four' group of high energy users ... will be exempt" – and that she had "received confirmation" her colleagues would back her plan, but said the proposal had not been signed off on.

"The exact details of the plan have not yet been officially agreed to but I hope that the PUP plan will exempt the aluminium industry Australia-wide and save the manufacturing jobs of tens of thousands of Australians," she told The Australian.

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