Last Sunday, STT detailed the workings of Malcolm Turnbull’s National Energy Guarantee and the associated Emissions Obligation faced by power retailers. Not that we were out to defend it. Indeed, while it has some promise of restoring stability to Australia’s electricity grid (being pushed to the brink of collapse by a ludicrous attempt to run on sunshine and breezes), having the NEG and Emissions Obligation running side-by-side with the Large-Scale RET is patent policy nonsense.Someone who shares STT’s view in that regard is Dr Michael Crawford. Here he is again ripping into Energy Minister, Josh Frydenberg.
Source: Australia’s Self-Inflicted Renewable Energy Fiasco: Product of Political Treachery