An obsession with the ‘unreliables’ – wind and solar – has destroyed Australia’s once reliable and affordable power supply. Consistent with that theme, Australia’s Energy Minister has just given the two fingered salute to Australian business.
Josh Frydenberg is pushing a National Energy Guarantee which (as pointed out in last night’s post) could have at least restored reliability to a grid on the brink of collapse. However, the NEG has been rewritten by eco-zealots and renewable energy rent-seekers, to their advantage.
In the document Frydenberg is using to promote it – Draft National Energy Guarantee – you’ll find plenty of babble about carbon dioxide emissions, but almost nothing about reliability or price.