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Australian government throws giant pile of money at renewables — so big, the cost is a secret

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By Jo Nova

The Australian Government is building magical weather machines with large amounts of our children’s money, and they won’t even tell us what it will cost. Dear Sir, we’re here to fix the car you didn’t know was broken, give us your wallet? We’ll just help ourselves to your cash and won’t tell you what this costs, OK? (It must cost a fortune, because if it were cheap we’d tell you).

The Labor government promised impossible Net Zero things, and 18 months later everyone knows it is impossible. Renewable investment has ground to a halt, people are not buying EV’s, farmers don’t want the transmission lines, coastal towns don’t want the wind towers, project costs are doubling and tripling, and Florence the borer is still stuck in a very short hole that is meant to be a long one.

Instead of backing away slowly, the Labor Party have gone full Santa-wish-fairy.

Just like that — the plan for 6 gigawatts of unreliable generators will become 7, wait, I mean, 32 gigawatts. Wow.

The Australian grid uses about 30 gigawatts of generation, and already has 65 gigawatts of equipment to generate that. It took three generations to build [...]


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