It’s All Our Own Fault..!
Since our last post, Part 4, completed in February 2022, there has been a significant amount of time regarding the progress and cost of renewable energy. It is important to reflect on this period and consider just how much has been squandered since then.
Jennie George a former ACTU President and former Labor member for Throsby, wrote an interesting article in the Australian Newspaper on September 26-28, 2025, regarding ‘Bowens renewables fail’s the reliability test,’ in which she highlighted some facts the nation faces including de- industrialisation due to high energy costs, while others nations embrace nuclear power.
She stated the Albanese government is determined to press ahead with energy transition based on intermittent weather-dependent renewables. This is regardless of cost and emerging problems. The 2035 targets are politically determined, set at 62-70 per cent even though Labor’s 2020 targets won’t be met.
She identified that setting higher targets can’t mask the fundamental problem of a target-driven transition as this may satisfy an international audience but will fail our domestic needs. The 2030 targets are enshrined in legislation; the 43 per cent reduction in emissions are underpinned by 82 per cent renewables, on the way to net-zero by 2050.
These targets were based on RepuTex modelling, once lauded as the most comprehensive modelling done for any policy or by any opposition in Australian history. When it became clear that promises made would be promises broken the RepuTex modelling was abandoned. This became a convenient political solution, shifting the blame for not delivering the promised $275 cut in electricity prices by 2025, the impending failure to meet the 2030 emissions target and a promised further energy cut of $378 and 604,000 new green jobs!
It seems that Climate Change and Energy Minister Chris Bowen remain’s blind to reality and unable to deal with the problems that have emerged.
Most of us now know that our economy can’t be powered by intermittent renewables nor are they the cheapest form of energy when whole-of system costs are included. Perhaps this why the government refuses to release full costings. Without the billions spent in taxpayer-funded subsidies and relief packages, Labor’s transition may have collapsed by now and still may.
Chris Kenny Associate Editor (National Affairs) for ‘the Australian’ wrote recently that Australia is conducting a world-first experiment, in turning a reliable and fossil-fuel based energy grid in a developed country into a predominately renewables-plus storage model without nuclear energy.
No other country is trying this but given this transition has been under way for two decades, we have real data and real costs to inform us. With $200bn spent on renewables, subsidies and grants our electricity reliability has plummeted, leading to repeated warnings about black-outs, and our electricity prices have escalated to unprecedented levels.
State and federal governments now subsidise every input and output on the grid. This results in a market where we don’t have the most efficient providers succeeding and Government intervention is corrupting the energy market to meet UN emission reduction goals.
This is farcical exercise in national self-harm, especially given global emissions continue to rise. If we eliminated all our emissions in Australia, it wouldn’t make a shred of difference to the climate. While our nation undermines itself, our policies provide significant benefits to China, where they burn our coal to turn our iron ore and bauxite into steel and aluminium as they build renewable energy product to sell back to us!
Chinese state-owned enterprises even invest in our renewable projects underwritten by our government through the Capacity Investment Scheme.
Yes, it is that absurd, our taxes subsidise investment by communist China in schemes that make our power more expensive!
The billions spent and misspent in pursuit of Labor’s plans remain shrouded in secrecy. It’s in breach of the publics right to know. All the renewable projects are underwritten by taxpayers off-budget in secret contracts that leave only the Australian National Audit Office to protect the public interest.
As Jennie George proclaimed ‘It’s never too late to put our nations interest at centre stage. Energy is the economy and energy security is national security. Only a strong economy can ensure out future prosperity. Its time to lift the nuclear ban and to test the market’.
This post proudly presented by Liz & John’s Seven Day Pet Grooming Service
