The RET legislation, that requires by 2020 our electricity be 20% supplied from renewable sources, is crazy. In Australia, hydroelectric schemes are barely possible (because of the Greens), solar and wind power are excessively expensive and should NOT be subsidized by the State Governments, if we want cheaper power. Promotion of useless wind farms must be STOPPED. If we must have a Power Target let it be 15 cents per kWh by 2020, then we WOULD have a flight of the warmists rabbits from positions of influence.
We don't need to subsidize or promote renewable energy just now when we have plentiful supplies of coal and gas to fuel power stations for the national grid. Maybe by the year 2100 renewable energy may start to be attractive in Australia, but until then let's make the most of our competitive advantage in world trade by having cheap coal-based electricity. CO2 is NOT a pollutant and CO2 emissions should be cherished by mankind and the biosphere. No more pollie bullshit allowed from 2014 onwards. Merry Xmas from Allano
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