Hi Andy,

Yep, woeful for Australia. Eloquent Malcolm's been on telly again today urging Labor to pull the trigger (it was his system after all) and to immediately divert Australia's export gas to domestic customers ... if only it was that easy ... it actually takes about 6-9 months to implement any diversion decision. Meanwhile, here's the latest on his other green energy scheme ...

Five years on, Snowy 2.0 emerges as a $10 billion white elephant

"It was to be completed in four years (that is, by last year) at a cost of $2 billion without any taxpayer subsidy, bring down electricity prices, generate renewable energy and incur minimal environmental impact on Kosciuszko National Park ..."

"Snowy Hydro now expects completion in 10 years, not four, by 2026. Some experts consider even this extended timeframe to be optimistic. Construction of the tunnels is running at least six months behind the latest schedule and the transmission connection is unlikely to be built by 2026 anyway. The all-up cost has increased at least five-fold, to $10 billion-plus, () as energy experts warned the Prime Minister and the then NSW premier in 2020."

"The underground power station and tunnels alone will cost more than $6 billion, and Snowy Hydro avoids mentioning the transmission connections to Sydney – $4 billion-plus for HumeLink and the Sydney ring – and to Victoria."

So nothing from him to boost our balance of payments or to provide cheap energy - let alone sufficient supply.
"Meanwhile, everyone else's promises of renewable power supplies fail to materialise" [Channel 9 news]

GLTAH, LP