The principles of economics are not hard, nor are they a mystery.
Jobs require viable businesses, viable businesses require cheap and reliable electricity. Deprive businesses of cheap and reliable power and those businesses will very soon cease to exist.
Those truisms, however, continue to fall on deaf ears in Australia’s so-called ‘wind power capital’, South Australia. Its obsession with wind power has relegated it to the status of not just a national, but to an international laughing stock.
The reasons for that have been spelt out on these pages time and time again, such as in this post: South Australia’s Disastrous Wind Power Experiment: Business Crippled as Power Prices Double
And South Australia isn’t the only place in the world where subsidised, intermittent and wholly unreliable wind power has become a proven social and economic disaster. Oh no. The inevitable consequences of trying to run an economy on the whims…
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