Australia's largest stock trading and investment forum Australia's #1 stock forum

Read The ALP Policy Statements and NOTE WELL their Current...

First 384 Last

Share
Profile

Follow
Hinchinbrook

20,207 Posts.

395

20/06/24

13:17

Post #: 74408026
Share

Originally posted by logco: ↑

What plan do Labor have, except to subsidize renewables last budget it was $34 billion but no details on the size of the build, there have been many estimates of cost of going renewable up to $1.3 trillion, so Labor need to come clean on their plans and where it will end.

Governments want business and home consumers to go away from gas and take up electricity and that cost will be enormous let alone the estimate of a 50% rise in electricity consumption, phasing out coal over the next few years with Yallourn that produces 5000 MW closing in mid 2028 and Loy Yang scheduled to close in 2035 that produces 2200 MW.
We are getting to the pointy end of the issue and as far as I can we will have blackouts unless we start to build peaking gas plants now.
Why does SA have 70% renewables yet have the most unstable grid in the country and usually the highest cost power when we are constantly being told that renewables are the lowest cost power.

Expand

Read The ALP Policy Statements and NOTE WELL their Current Programmes.

THIS thread is about The NUCLEAR "No Policy" of The LNP.
I request that you NOT ask me inane questions that I most definitely, will NOT attempt to answer.....
1 Upvote

Reply

Top Stories

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

There are more pages in this discussion • 196 more messages in this thread...

First 384 Last