Australia’s Renewable Energy Target: Pure Political Poison for PM, Malcolm Turnbull – STOP THESE THINGS

The best target Tony has is the target that has all but destroyed Australia’s once cheap and reliable power supplies: the Federal government’s Large-Scale Renewable Energy Target.

Tony Abbott has been excoriated in the press for ‘undermining’ Turnbull, by demanding that the LRET be capped where it is (fixed at the total annual contribution of wind and large-scale solar, which is currently around 16,000 GWh), demanding an end to subsidies for wind and solar and pushing for the construction high-efficiency, low-emissions (HELE) coal-fired plant.

All sensible stuff, in a country where retail power prices have just risen 20%, year-on-year, power costs to businesses have tripled in 3 years and that wind power ‘power-house’, South Australia has been forced to urgently ship in 100, 2MW diesel generators (at a cost of more than $100m) to prevent a recurrence of the mass blackouts and load-shedding that occurred after its hapless Labor government gleefully allowed its last coal-fired plant to close last May. It could have kept the Northern plant at Port Augusta chugging along for less than $25 million, and avoided hundreds of millions in losses caused to business by wind power output collapses and the ensuing blackouts and load-shedding.

Source: Australia’s Renewable Energy Target: Pure Political Poison for PM, Malcolm Turnbull – STOP THESE THINGS

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About Virtual Quilter

I am a quilter who designs many more quilts than I will ever make, and I am sharing one quilt design every day in Virtual Quilter. I also share my completed projects in Stuff-Ups, and Christmas decorations in Christmas Everyday of the Year.
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