By Andrew Bolt ~
Under pressure on leadership, the Australian Labor Party Leader Bill Shorten lurches even more to the Left, promising a policy that will savagely increase the cost of electricity:
Opposition Leader Bill Shorten is set to unveil a bold climate policy goal requiring half of Australia’s large-scale energy production to be generated using renewable sources within 15 years.
This means more than doubling green power but without using more of the hydro electricity that so far produces most of it. (Labor won’t build more dams.)
That vast expansion of wind and solar will not happen without paying a fortune in subsidies and forcing consumers to use more green power, given how expensive it is:
This will potentially cost taxpayers and consumers billions more each year, when we already subsidise green power by around $3 billion a year.
Effect on global warming? Nil.
Effect on the economy? Business lost, jobs lost.
Andrew Bolt is a journalist and columnist writing for The Herald Sun in Melbourne Victoria Australia.
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 hosts Channel 10’s The Bolt Report each Sunday at 10am. He is also heard from Monday to Friday at 8am on the breakfast show of radio station MTR 1377, and his book Still Not Sorry remains very widely read.
Read more excellent articles from Andrew Bolt’s Blog . http://blogs.news.com.au/heraldsun/andrewbolt/
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Posted on Wed 07/22/2015 by PA Pundits - International
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