Blockbuster: Labor's weather control "renewables plan" turns out to be half a trillion
Finally, twenty years too late, Australian leaders are talking about the galactic cost of making a spare energy grid that might, maybe, hopefully one day reduce world temperatures by one thousandth of a degree. Sadly they are still not talking about why that's a pointless quest, why CO2 feeds the poor, warmth is good, humans emissions are irrelevant, or how science has become a turgid swamp patrolled by dead sacred cows. But it's a start!
We got the trifecta: Our car-crash energy bills, the revolution of common sense in the US, and the appearance of our own election on the horizon have set off the Air-raid sirens to wake a sleeping nation.
It's only half a trillion dollars
The Minister for Energy says the cost of renewables by 2050 will be $122 billion (AUD). Not convinced, the Opposition commissioned a study that estimates it's more like $650 billion. But what's a half a trillion dollars when you have hope, faith, and a fantasy to make storms a bit nicer? It's a horror show. The Labor Government wants every family of four to spend something like $100,000 on their wind and solar vision over the next 25 years. There goes the house deposit, the uni fees, the family holidays. There goes our lifestyle.
Australian energy is twice the price
Things are so bad here in Renewable Crash Test Dummy World, that the CEO of Glencore said Australian energy costs twice as much as in the US, Canada, China and India. Glencore, is the largest coal miner in Australia, the fifth largest miner in the world, and employs about 140,000 people. Gary Nagle went on to tell the Daily Telegraph that Australia has a bad attitude:
He argued that the negative attitude to coal in Australia was increasingly out of step with other parts of the world.
"Many stakeholders globally are now taking a more pragmatic view about coal," Mr Nagle said.
It's such a first world problem. Imagine being the world's largest coal exporter nation every other year, and spending billions to undermine one of your two largest industries? How did we get here, standing on a plank, sawing the ship off?