Australia Is the Future for Solar and Wind Energy and It's Anything But Pretty
Jo Nova has outdone herself with this post. It is a remarkable takedown of the entire green energy program down under:
The one and only Australian manufacturer of wind turbine towers is going out of business, despite Australian electricity reaching 35% glorious renewable, and the Prime Ministers big plan to have the $22 billion dollar Future Made in Australia, as well as our galloping Net Zero fantasy to reach 82% renewable by 2030. We are, in theory, supposed to install 40 new wind towers a month somewhere in Australia, but none of the towers, it turns out, will be Australian made.
Imagine what we could do if Australia were the largest exporter of iron ore and coal in the world? The government could still screw it up.
Right now, we ship the iron and coal 7,000 kilometers away with heavy fuel oil, to be made into windmills to save the world, only to ship them right back, rather than make them here.
Renewables are the cheapest source of electricity on Earth, they say, and Australia has twice as much as China (proportionately). But China makes 65% of all wind turbines globally, and soon Australia will make 0%.
The company Keppel Prince don’t mention the cost of electricity, although the boss of Glencore claims Australian prices are double or more the cost in China, which can’t be good for any business. Instead, the company blames Chinese subsidized competitors for dumping, which may have some truth to it, but Keppel Prince has been living off renewable energy subsidies themselves in Australia for years.
In 2009 the company warned of job losses if the government didn’t set a bigger renewable energy target (which it did), but then they had to sack 100 staff in 2014 when the target was cut. After that they got help from the Victorian State Energy Targets, and the requirement that 60 per cent of the manufacturing was done locally. The truth is there has probably never been a wind turbine built in Australia that wasn’t subsidized. The only question is “how big were the subsidies?”
…Ultimately, no Australian business can compete with slave labor and cheap coal fired and nuclear power. The only thing more stupid than that would be competing in an industry to make things the market doesn’t want, the country doesn’t need and which won’t save the environment.
Well said, Jo…well said!
#Australia #Wind #WindTurbines #NetZero #FutureMadeInAustralia #WindEnergy #Subsidies #RenewableEnergy
Stupid is as stupid does.