New South Wales Says The Price For Saving Us From Global Warming Is Too High

Posted on Wed 10/27/2010 by


Andrew BoltBy Andrew Bolt

For detailed background on this household solar panel scheme, and how these feed in tariffs are supposed to work, see the post at this link…..TonyfromOz.

The Australian State of New South Wales says it can only afford a little of the green power it claims will save the world from destruction:

New South Wales is slashing the gross feed-in tariff for its solar bonus scheme because it is costing too much.

Premier Kristina Keneally today announced the government will cut the tariff from 60c to 20c per kilowatt hour, and introduce a total capacity cap of 300 megawatts…

Ms Keneally says the sharp takeup of the scheme, and the fact that solar panels had halved in price since it was introduced 2009, means the government has to act to slow down demand..

“The changes we introduce today strike a better balance between keeping down electricity cost for consumers, while still supporting renewable energy generation,” Ms Keneally said.

Beautiful. The closer we get to those renewable energy targets, the more politicians flinch from the pain.

Andrew Bolt is a journalist and columnist writing for The Herald Sun in Melbourne Victoria Australia.

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Andrew Bolt’s columns appear in Melbourne’s Herald Sun, Sydney’s Daily Telegraph and Adelaide’s Advertiser. He runs the most-read political blog in Australia and is a regular commentator on Channel 9′s Today show and ABC TV’s Insiders. He will be heard from Monday to Friday at 8am on the breakfast show of new radio station MTR 1377, and his book Still Not Sorry remains very widely read.