Déjà vu All Over Again: Liberal PM Determined to Squander $10 Billion on Pumped Hydro White Elephant

STOP THESE THINGS

Ghost PM pumping up enormous white elephant.

Australia’s obsession with hopelessly intermittent wind and solar has rendered its power supply both unreliable and unaffordable: it’s time to stop digging.

Except, on both sides of the political divide, it seems the obsession is one without reason or respite.

Labor’s opposition leader, Bill Shorten is determined to destroy Australia’s economic prosperity – literally overnight – with a 50% National Renewable Energy Target (matching the grand achievement that is South Australia – again destroyed by Labor lunatics). The lunacy extends the shutting down Australia’s coal exports, the country’s single largest export earner and a major employer in regional NSW and Queensland.

At a time when the Liberal/National Coalition was starting to talk a little common sense, with reference to the construction of new High Efficiency Low Emissions coal-fired plant and underwriting the refurbishment of existing baseload generating capacity, last week’s announcement by PM…

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One response to “Déjà vu All Over Again: Liberal PM Determined to Squander $10 Billion on Pumped Hydro White Elephant

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