The Federal government’s policy of continuing to subsidise hopelessly unreliable wind and solar has driven power prices through the roof and businesses out the door.
At a time when every industry and business is looking for some sign of sense and reason from policymakers, instead of delivering a raft of policies that just might keep these enterprises afloat, the Morrison government have headed to the periphery.
Rather than create opportunities for base-load power generation (whether by preserving existing coal-fired power plants, building new High Efficiency Low Emissions plants or scrapping the ban on nuclear power generation), the Liberal/National Coalition continue to waffle about pumped hydro and battery storage and are giving credence to the most ridiculous concept of all: turning wind and solar power into hydrogen gas. An economic nonsense, if ever there was one.
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