Electrical Power Generation Australia – The Finkel Report’s Fine Print: Electricity Plan Will Cost, Not Save

Posted on Fri 06/16/2017 by


By Andrew Bolt ~

You were told the Finkel plan pushed by the Turnbull Government would save you money. That was always unebleiveable.

But now it turns out that even Finkel had a catch that make that promise false.

Last week’s spin:

Australian households would save about $90 a year, or up to $1000 on their electricity bills over a decade to 2030 under the Clean Energy Target proposed by the Finkel review of the electricity sector, compared to a business-as-usual scenario for it.

The truth this week:

Dr Finkel’s briefing yesterday confirmed these calculations did not include the cost of his recommendation for a “reliability obligation” on new wind and solar projects to have to invest in batteries, hydro or other generators to ensure back-up power.

Judith Sloan identifies wierd assumptions in the Finkel plan.

It is a fake fix to a fake climate catastrophe. Hear it from a real climate expert, William Kininmonth, former head of the National Climate Centre:

WATCH: William Kininmonth says he believes in man-made global warming, but he doesn’t think it is dangerous. MORE at http://bit.ly/2tj3qRF

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.

Read more excellent articles from Andrew Bolt’s Blog . http://blogs.news.com.au/heraldsun/andrewbolt/