A week ago the Australian Government released their Technology Investment Roadmap Discussion Paper. Presumably they want a map because they’re lost. They’d like submissions by June 21.
David let’s rip below on why hydrogen fuel is not going to save us, but coal, gas, and nukes will.
Australia’s Energy Plan
Guest Post by David Archibald
Image: Gus Pasquerella
Global warming is the new state religion and Alan Finkel, Australia’s Chief Scientist, is its high priest…
The fad of the moment is hydrogen. To recap, when global warming started out the villains among us realised that the easiest way to make money was to turn Australia from being a low-cost power producer to a high cost one and take a slice of the action on the way through. So the likes of AGL and Macquarie Bank concocted solar farm and wind farm schemes and sold them on to people wanting a high, government-enforced rate of return. They then used their own money to generate a yet higher return on equity by taking advantage of the inherently unstable power grid they had created. They did this by building diesel generator sets such as this one in South Australia, obviating the […]
via JoNova
May 28, 2020 at 01:35PM
