Australia’s Renewable Energy Target Scheme is an incredibly bad idea. Coercing and bribing people to waste community savings on unpredictable and unreliable solar and wind electricity should end immediately.
There is nothing smart about trying to run a 21st century industrial society using “green energy” to generate electricity. It is costly, diffuse, intermittent and needs 100% backup capacity.
Solar power excels in growing trees, grass and crops and can be useful for heating water or providing electricity in remote locations providing there is also a back-up diesel generator or a bank of batteries in the shed.
Wind power can also be useful in applications where its capricious performance does not matter, such as pumping water to a tank or storage dam.
The green energy financial disaster developing in Europe shows that Australia should stop promoting green energy to limit further damage to consumers and businesses with soaring electricity costs and declining reliability of supply.
The dismal European green record includes bankrupt companies, spiralling electricity prices, industry closures and relocations, financial crises, unstable power supply, environmental uglification, bird slaughter, property devaluation and . . . increasing coal usage.
We must abolish all renewable energy targets, subsidies, mandates and price support.
People who feel green energy suits their needs or beliefs should remain free to invest in it. But our whole society should not be forced to gamble with something as important as our future energy supply.