What someone on the internet says:
"...even Origin says they're invested in cheaper energy by wind and solar with batteries."
What Origin actually say:
View attachment 6254772Not just Origin, but AGL, too:
View attachment 6254775And it's not just an Australian thing; globally the interest in clean energy/renewables/ESG is waning. Clearly, the returns on investment capital are just not there:
View attachment 6254901Quotable Quote:
"ESG was a dotcom sort of hype 20 years later and now it has passed"Even this guy - father of the ESG fad and erstwhile avid supporter of Renewables - seems to have had some kind of Road to Damascus experience:
https://x.com/newstart_2024/status/1796502112492540376"The world is going to be short power, short power. And to power these data companies you cannot have just this intermittent power like wind and solar. You need dispatchable power because you can't turn off and on these data centers."BlackRock CEO Larry Fink.
#renewables # unravelling
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