Wrecking Ball: Crippling Cost of Australia’s Obsession With Subsidised & Unreliable Wind & Solar

Australians are experiencing their first recession in nearly 30 years; its ruinous renewable energy policies are only adding insult to injury.

Australia’s energy market is a shambles – thanks to the $60 billion squandered on intermittent wind and solar, it was already in the midst of a power pricing and supply calamity, with disastrous consequences for energy hungry businesses such as manufacturing and mineral processing.

At the heart of the debacle is politics.

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Australians are experiencing their first recession in nearly 30 years; its ruinous renewable energy policies are only adding insult to injury.

Australia’s energy market is a shambles – thanks to the $60 billion squandered on intermittent wind and solar, it was already in the midst of a power pricing and supply calamity, with disastrous consequences for energy hungry businesses such as manufacturing and mineral processing.

At the heart of the debacle is politics.

The May 2019 election was billed as a referendum on Climate Change. Labor’s then leader, Bill Shorten pitched up a 50% Renewable Energy Target and a whopping carbon dioxide gas tax, to boot. Bill also promised that he would eradicate Australia’s frequent and punishing droughts, with the aid of windmills and solar panels. Although no one, save Bill, was quite sure how this novel and ingenious ‘plan’ would make it rain on cue.

Having lost…

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