Sunday 16 June 2024

Daniel Leitch demolished John Kehoe

 I no longer read the AFR but its economics editor had a shocker on energy as David Leitch shows.

I am concerned when an economics editor of a respectable paper believes coal fired power is cheaper than renewables when it is clearly not. I am concerned why he has not thought why no private sector company wants to go within cooee of a coal fired power station. They would be rushing in if they were as cheap as he believes. Does he understand just how many units in coal fired power station drop out all the time making wholly unreliable. Units in new station break down just as in old ones just ask Neville Wran ( using an ouija board of course!)

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