Deliberately taking taxpayers from the 1st world to the 3rd

IMG_0847

The green madness in Australia continues apace. Virtue signaling governments whose efforts are nothing more than expensive tokenism at best have led the Australian energy market regulator to warn of blackouts in Victoria during the coming summer. In what world would anyone logically trade perfectly reliable electricity for renewables which have a track record of failure in neighboring South Australia? On even the most pessimistic warming scenarios Australia’s renewable efforts will have a 0.00014 degree impact in 100 years. So many billions frittered away for absolutely no gain. Industries made deliberately less competitive because their electricity prices have doubled in a decade despite being a country totally rich in raw materials to make us one of the most efficient. What is worse is that South Australia which is 40% renewable has had to blow another $600mn of taxpayer funds on back up power. Initially it will be diesel generators that burn 80,000 litres per hour until a gas plant can be built. Despite the massive failure, the Premier of SA talks it up as though he is noble. At what cost? The highest electricity prices in the world, the highest unemployment rate in Australia and the slowest growth. Surely a legacy worth protecting.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s