Australia’s Renewable Energy Disaster: Self-Inflicted Power Crisis Goes from Bad to Execrable

stopthesethings's avatarSTOP THESE THINGS

Josh, they’ve worked it out. What’s your next bright idea?

As witless as they are gutless, the Federal Liberal/National Coalition government is tearing itself apart over energy.

In particular, renewable energy; and the choice between the existing annual 33,000 GWh Large-Scale RET – roughly 26% of annual consumption, which is already destroying businesses and punishing households with 20% year-on-year price increases (even though the annual target this year is a mere 26,000 GWh and doesn’t hit 33,000 until 2020) – and a 42% RET, which is the cornerstone of Alan Finkel’s fantasy of running Australia on sunshine, breezes and mythical grid-scale battery storage.

Conservatives within the Coalition, rallying behind their only hope, Angus Taylor, have finally tumbled to the fact that power prices matter; and that when power prices are exorbitant and rocketing, routine-load shedding and mass blackouts matter even more. This group have worked out that enough is enough…

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