Black out Bill
There is an elitist cruelty about Labor’s energy policy.
By not seeking to keep coal-fired power stations open for extended periods, it condemns thousands of workers to early retirement or years on the dole hoping for jobs that simply can’t be found in places such as the Hunter Valley.
Even worse, there seems to be little concern for the weak and the frail who will not be able to afford airconditioning this summer, or will have no access to it because of brownouts and blackouts.
Graham Richardson ( Ex Labor Minister)
Under John Howard there was nil government debt plus the enjoyment of the world’s lowest energy prices.
So how did we then go subsequently from zenith to nadir in the seeming blink of an eye?
In my view, compulsory voting should shoulder at least some of the blame for what happened As a direct consequence of the latter far too many voters were frivolous, unthinking and uninformed. ‘Kevin 07’ promised much but delivered an absolute minimum and soon any kind of fiscal rectitude was out of the window.
Giles Auty
Won't this be wonderful with the blackouts -- then because Turnbull has takeb us back 100 years with the NBN -- so when we get the blackout we will not have
Power/Landline/OR The Internet
Because if you lose power you lose all the above, I wonder if these dime wits have thougt of that!
Hi Plan B problem the same in both cases Govrrnments got involved with markets and stuffed them up.
For Governments to believe they understand the IT market better than large IT companies is nuts and costly to taxpayers particularly pensioners .
They forecast blackouts during the summer so who are they trying to fool?
Australia's contribution to world pollution by way of carbons is 1.5 - 2 %.
We dont need to do anything at all.
We have oil / coal / gas / uranium / wind / solar / hydro and thermal energy all on hand and easy to get.
What don't have is good forward thinking leadership committed to making this one of the richest countries in the world. Most of the crooked bastards are only here to line their own coffers ripping us off right left and centre. Polies travel rorts / expences / insider trading / jobs for the boys and girls only to mention a few.
What do you call pollution ?
I do not know what this Government has done since it has been in but STYFF up everything it touched --- Maybe Turnbull should have joined the Lab' he might have been able to get a few thing through ????????? He is useless in the Libs as he is to frightened to do anything and there is no way I can vote Shorten -- his choice -- -- in women bimbos is enough to tell you what he is like he has NOT got the appearance either
Yes PB I think both parties are guilty of wasting tax payers money to the detriment of the pensioners .
NBN and Green Schemes are but two.
Under John Howard there was nil government debt plus the enjoyment of the world’s lowest energy prices.
So privatisation started by Keating has nothing to do with price rise .
Imagine putting $100 in the bank and getting back a guaranteed $83 a year for four years, and then $59 a year for the next decade — all taxed at a maximum rate of 30 per cent. Your 2.9 per cent high interest saver account, taxed at 39 per cent, isn’t looking so good.
Courtesy of Australian electricity users, and the stupidity of the commonwealth government, Saudi Arabia’s Abdul Latif Jameel Energy, which bought Spanish solar farm builder Fotowatio in early 2015, has indeed struck such stellar returns.
In 2014 the Australian Renewable Energy Agency proudly made a $101.7m grant to the Spanish company for a $164m solar farm about 10km out of Moree, comprising 250,000 solar panels. An enthusiastic Clean Energy Finance Corporation chipped in a $47m loan to help, leaving Fotowatio with only $15.3m to put towards the project itself.
RICHARDSON: Blackout Bill may give PM boost
With a capacity of just under 150,000 megawatt hours a year, the solar farm, up and running, will generate about $12.8m in revenue a year for the next few years, based on the current Large-scale Generation Certificates (LGC) price of $85.
Assuming that price falls to $60 on average between 2020 and 2030, the farm will provide a tidy $9m a year to the Saudi owners.
All up, over the 14 years, the $15.3m investment would have reaped about $140m for the owners, a return of more than 900 per cent, which, by the way, is quite a bit better than the typical super fund.
“The project would not be possible without the unwavering support of the local community, Moree Plains Shire Council, the federal Members for Parkes, NSW state government, all the people who have dedicated many hours to development of the project, and last but not least, ARENA and the CEFC who have provided funding for the project,” said the Fotowatio regional manager for Australia. Full marks for honesty, at least.
Before you get jealous though, rest assured the project will, AREA said, create about 100 jobs, and provide electricity for 15,000 homes.
This has been a fantastic outcome for our Spanish and Saudi foreign investors, but it’s far from clear it’s a good deal for anyone else. The 100 jobs that have supposedly arisen have come at a cost of almost $1.5m each, including the grant and the government loan.
And the 15,000 homes could have sourced their electricity from other, far cheaper sources. Too bad those cheaper sources are gradually shutting down.
Posta pete posts again.
ADMIN WHERE ARE YOU???
What's your problem Campbell
dont like it , don't read. Now roll along
Micha is not too bright he was calling me posta Pete years before this grubby invention ,
You were named "POSTA PETE" by two deceased members, I think you know who they are posta pete.
Really Ray ?
so you're saying you and Herb have been on this site for years and keep track of all these childish sayings
sad really, but we know you're a sad little bunny
"sad little bunny?"
hahaha, do men really speak like that?
Another giveaway old gal !!
Do men do what you do - gang up on anyone who has a different view
classic old lady bitchiness
Pete you really are dumb dum.
Too many brain cells missing for you to understand that the members are sick to death of your stupid ideas on where imformation is collected.Many readers of the pages don't contribute and a person does not have to be a member to read,
DOES THAT GET INTO YOUR THICK SKULL?
Child alert ignore
whata a sick old f##t nevfer seen the likes of ya anywhere.
ylc get rid of this flea
Child alert ignore
better a child than a sicko
The one ray of light offered to Turnbulls faltering leadership has been Labor’s truly awful energy policies.
Under Mark Butler, Labor’s spokesman on energy, the opposition has walked further and further out on the renewables limb.
There is now a virtual guarantee of more blackouts in South Australia (Butler’s home state) over the summer and a strong probability of blackouts in Victoria. Turnbull will have a really effective campaign presented to him on a Labor-provided platter.
Richardson