Townsville TONY Abbott is right: the Renewable Energy Target should be abolished.
The RET is the fundamental reason power prices have more than doubled to be among the highest in the world — in a country awash with the coal that used to give us the cheapest, most reliable power in the world — and all three southeastern mainland states face blackouts this summer.
We are on the edge of an energy apocalypse with a future 2020 RET target of just 20 per cent, with more like only 6- 8 per cent of electricity today actually from “real” renewables ( wind and solar).
Because they are still relatively new we haven’t yet had to foot much of a bill for repair and replacement.
Think how much more expensive and unreliable power will get if Bill Shorten gets his hands on government and lifts the RET to 50 per cent.
Those who understand basic reality know the RET is a national suicide note.
The renewables true believers should be relaxed about the RET being abolished. They are telling us wind and solar is cheaper than coal and getting ever cheaper. If that’s true, why do we need a RET?
Except it is complete and utter garbage. You will have to abolish reality before wind and solar become cheaper than coal- fired power.
The only way they are “cheaper” is imposing massive unjustified costs on coal- fired power and giving wind and solar massive subsidies. Even then, excusing them from having to provide their own power generation back- up for when “the wind don’t blow and the sun don’t shine”.
The way renewables are given priority access to power distribution turns baseload coal- fired generation into de facto “peaking” plants for which they are unsuited.
Yes, the RET should be abolished. But the only way abolition of the RET would “work” to deliver the cheaper and more reliable power we used to have is if it was done on a bipartisan basis. The point of abolition is to encourage the building of new 21st- century coal- fired plants.
But no one will commit to the billions required as long as there was the prospect of a future Labor- Green government bringing back a mandatory RET — with the guarantee of utterly wrecking both the financial and operational aspects of such a plant.
A similar basic reality also condemns the suggestion of switching to four- year fixed terms for Federal Parliament. What cripples good government is not the parliamentary term but the Senate — and in particular Labor’s refusal to support pro- Australia policy.
The only time in the last 30- plus years that sensible legislation has got through the Senate was when Labor was proposing it in the 1980s and the Coalition opposition supported it, then when the Howard- Costello Coalition government was able to “buy” the precious couple of votes in the Senate over vehement, unrelenting and irrational Labor opposition.
You could give a government 10year terms and it wouldn’t lead to good legislation given the feral Senate — made feral by Labor cynicism and opportunism. rational