Australians forced to pay $60b for expensive “green” electricity

The Australian calculates the total bill will be in the order of $60b for green electricity.

Read it all (if you can), then write to your MP and Senator. Ask why — if they are serious about helping reduce CO2 — we don’t have a USC coal plant like so many other countries, and why we don’t have nuclear power. Then ask why, if they are concerned about the poor, about health, about education, we are wasting $60b dollars to change the weather in 2100 that we could be spending on these critical areas right now?

Taxpayers hit with a $60bn power bill

The Australian,  Adam Creighton

Taxpayers will have paid more than $60 billion through federal renewable energy subsidies by 2030, about twice what the crumbling car industry received over 15 years and enough to build about 10 large nuclear reactors.

The government’s large and small-scale renewable energy ­targets, which will compel energy retailers to buy 33 terawatt hours of wind, solar and hydro energy by 2030, will deliver about $45bn of subsidies to renewable energy producers over 20 years, according to analysis by The Australian.

If it’s improving and getting cheap, whatever you […]

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August 31, 2017 at 11:28PM

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