Rasmussen Reports note “US voters tend to agree the Paris Climate accord would have led to increased energy costs, and most remain unwilling to pay much, if anything, more to fight global warming…41% of Likely U.S. Voters think the accord’s requirement that the United States reduce fossil fuel emissions by nearly 30% by 2025 would increase energy costs…20% believe the requirement would decrease the cost of energy, while 23% say it would have no impact…16%..are not sure.”
As the Turnbull government toys around with a 42% renewable target by 2030 from 16% today, it wants us to believe that power prices will fall. It is a farcical pipe dream. We have a good yardstick for renewables known as South Australia. It has the highest electricity prices, frequent blackouts and has to build a gas fired back up plant and is mulling a battery storage facility for $600mn odd. Oh and the jobs creation baloney of renewables can be seen here. Businesses are pulling out of South Australia because of the energy farce. Who can blame them?