Just putting a band aid on the key issues causing inflation. Apart from the huge monitory phenomenon out of thin air & the war in Ukraine. Our G-7 radical policies are going to put the nail in the coffin for us.
Australia’s chief energy adviser says switching the power grid from coal to clean energy is a “mind-boggling” challenge that demands urgent reforms to drive funds into energy projects like gas, pumped hydro and big batteries to back up renewables and stop blackouts and power bill spikes.Energy Security Board chief Anna Collyer will brief state and federal ministers at an emergency meeting on Wednesday on a plan to move to a “capacity market”, which would force retailers to pay generators to invest in power projects that can quickly be called on when the wind isn’t blowing and the sun isn’t shining.
Wholesale power and gas prices have been surging across the eastern seaboard amid a burst of cold weather hiking demand for heating, a series of outages at coal-fired power stations forcing gas-fired electricity to fill the gap, and spiking commodity prices because of the war in Ukraine.Treasurer Jim Chalmers on Monday wrote to the Australian Consumer and Competition Commission to express his “deep concern” about the impact electricity and gas prices were having on households and industry and asked them to advise on any regulatory changes that may be required to “ensure these markets are functioning properly”.RELATED ARTICLETransGrid CEO Brett Redman.Renewables‘We can get there’: Power chief backs Labor’s green energy goalsCollyer told The Age and The Sydney Morning
All I'm saying is... If we're following Germany's (Europes) Buy decommissioning ours in a couple of years then I don't know what to say.
We haven't seen nothing yet here.
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