Australian voters just rejected a massive increase in wind and solar, relegating Bill Shorten and his 50% RET to the dusty pages of history.
Having had 20 years or so to convince Australians of the purported ‘merits’ of throwing more than $4,000,000,000 in subsidies at chaotically intermittent wind and solar each year, the rent seekers behind those ‘industries’ are struggling to gain traction these days. And they’re struggling to remain relevant, sane and upbeat about their future, when the subsidies inevitably run out or get scrapped, whichever occurs first.
The “shock” election result has left many of them suicidal, which probably has something to do with the fact that they went after the Liberal Energy Minister, Angus Taylor before the election, haranguing him about his personal vendetta against subsidies for wind power. Now that he’s back in power, they understand that their nightmare has only just begun. Oops!
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