Soaring bills are testimony to RET policy failure
IN the Senate Estimates hearing on the June 1, Senator Ian Macdonald, ( Liberal) North Queensland, asked the Australian Chief Scientist, Dr Alan Finkel, an important basic question on the impact of Australia’s climate and energy policy on global temperature.
He asked, “In Australia we emit less than 1.3 per cent of the world’s carbon dioxide emissions. If we were to reduce the world’s emissions of carbon dioxide by 1.3 per cent, what impact would that have on the changing climate of the world.” Dr Finkel replied: “Virtually nothing.”
I find it impossible to believe that the state and federal governments are spending billions of dollars of taxpayers’ money and achieving nothing.
Businesses are closing as a result of excessively expensive and unaffordable electricity prices. Such prices are preventing businesses from opening. It is reported some small businesses are required to lodge a deposit of $ 10,000 to have supply guaranteed.
The Green- Labor unity ticket states, “that coal mining will result in the destruction of the Great Barrier Reef”. This is as false as it is absurd.
The religion of climate change has now spread its wings into the Cabinet room of Queensland’s Premier Anastasia Palaszczuk with the Queensland Government’s announcement in Cairns that her government was proceeding to a zero emissions target by 2050.
The Australian reported on February 6, 2017, “The first study to investigate the complex range of renewable energy subsidies across the country has found that at least $ 3.1 billion was spent by the states, territory and federal governments last financial year, primarily on wind farms and the cost hangover of excessive and now large- ly obsolete solar rooftop schemes. At least 75 per cent of all subsidies was being collected from electricity consumers in the form of higher prices passed on by energy retailers due to the requirement on generators to source a mandated percentage of wholesale power from renewables. This, the report said, meant much of the subsidies remained hidden as they did not appear in government budgets or accounts, with the remainder being borne directly by the taxpayer.”
Succinctly Australia’s abysmal energy situation can be clearly articulated. The national energy market has failed at all levels in setting out and driving clear policy settings.
Add to this is the dysfunctional role of various state governments which have pursued recklessly transitioning renewable policy targets through the abominable RET. The Labor states of Victoria and particularly South Australia where recent blackouts have occurred are living testimony to monumental failure of RET policy that simply guarantees sky high electricity bills.
ALLAN EVANS, Pauline Hanson One Nation