Financial case for Snowy Hydro 2.0 just doesn't hold water
Prof John Hewson’s latest column in the Sydney Morning Herald examines the proposal to expand Australia’s largest hydro-electric scheme.
He cautions: Beware of the Snowy 2.0 hubris. The project simply doesn’t stack up. Indeed, it threatens to be a mini NBN, with significant commitment of taxpayers’ money to what is being oversold as a visionary, nation-building, game-changing project.