AEMO CALLS FOR $12,700,000,000 IN ADDITIONALSUBSIDIES FOR CHINESE SOLAR PANELS & WIND TURBINES
AEMO (Australian Energy Market Operator) isthe taxpayer funded advertising agency for the Renewables Industry.
They are now calling for taxpayers to tocough up $12.7 billion in subsidies for new interconnectors for the solar/wind.That’s around $2000 for each household of 4 people.
These interconnectors would be completelyunnecessary if we just maintained & eventually replaced our existing coalfired power stations - at a fraction of the cost.
The Liberals should have cleaned out AMEO andput engineers & business people in charge instead of global warmingzealots. But the Liberals were too weak.
In a true market ‘’renewables investors’’(the financial backers of the Greens & Teals) would have to pay for theseto connect to the grid, but these subsidies just make it easier for renewableinvestors to make money.
The Communist Party officials in China mustbe thrilled.
See more at Jo Nova.
