Wednesday 24 October 2018

electricity again.

The government announced their 'new' electricity policy yesterday.
Only problem is as Greg Jericho points out it is the same policy that Malcolm Turnbull announced only days before he was shafted.

Moreover the government does not address the problems why higher-energy-prices-are-here-to-stay
Indeed the Government appears to have gone the full Karl Marx.

Coal is possibly the highest price alternative is building a new power station. Renewables have about a 40% advantage on them and that is without a price on carbon to compensate for their negative externalities.

The present coal powered power stations are very unreliable when it is damned hot. Units failed in Victoria, NSW and Queensland last summer.Look out this summer.

Remember also that is was privatisation that caused the massive rise in electricity prices

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