By Andrew Bolt ~
Energy Minister Josh Frydenberg warns that just to meet the renewable energy targets of the Labor states would cost us $41 billion and require another 4800 wind towers to wreck our views.
And as South Australia has now taught us: we’d still end up with electricity that goes out in a storm.:
Households are exposed to a $41 billion capital cost for state government promises to embrace renewable energy, according to new federal analysis…
The Queensland and Victorian governments would need to build the equivalent of 4800 wind turbines to meet their renewable energy targets under the scenario, which contradicts state claims the extra cost would amount to only “cents per week” for consumers.
Federal Energy Minister Josh Frydenberg will today press the states to rethink their renewable targets at a meeting in Melbourne that will hear from regulators and scientists on ways to protect the national energy grid from a repeat of last week’s outage.
But here is the ultimate craziness. All this money, all this wrecking of views, all these lost jobs through higher electricity prices and all these blackouts – all this pain will be for nothing. The effect on global temperatures is so incredibly small that nobody could notice.
There is not a sensible economist in Australia who thinks the renewable energy target is good policy…
We now have loopy, virtue-signalling Labor state governments thinking that they can do their own thing by setting their own renewable energy targets. The one I particularly love is Queensland. It wants to have 50 per cent of electricity generated by renewables by 2030; it is currently 4.5 per cent.
Mind you, Victoria is not far behind when it comes to harebrained thinking. A state that was once a powerhouse of manufacturing based on cheap and reliable energy will now aim to have 25 per cent of renewable energy by 2020 and 40 per cent by 2025. This must be a joke.
There is about 1200 megawatts of large-scale renewable energy currently installed in Victoria. It wants an extra 1800MW by 2020 — in three years. By 2025, the aim is to have 5400MW of wind and solar. It simply beggars belief that a sufficient number of projects could be firmed up, financed and completed in this time period.
And completely discount the deluded claim of the Victorian Minister for Energy, Environment and Climate Change, Lily D’Ambrosio, that an extra 3000 jobs in Victoria will be created by 2020. She forgot to subtract the thousands of jobs that will be lost directly — think the closure of the Hazelwood power station — and indirectly from this insane policy.
Andrew Bolt writes for the Herald Sun, Daily Telegraph, and The Advertiser and runs Australia’s most-read political blog. On week nights he hosts The Bolt Report on Sky News at 7pm and his Macquarie Radio show at 8pm with Steve Price.