And any notion that the renewables will provide cheap energy is simply untrue:
https://www.abc.net.au/news/2024-04-12/power-prices-to-rise-in-clean-energy-transition/103696450
Excerpt:
building the wind and solar farms at the scale required to replace coal, together with the batteries needed to store the power, and the new network of transmission lines to distribute that power to consumers will involve tens of billions of dollars' worth of investment.
The Australian Energy Market Operator's own figures suggest the transition will cost around $383 billion between now and 2050.
When asked who pays, Dimery replied: "it all comes from consumers, whether through the bill directly or through the tax base."
As is often the case, there's liable to be huge differences in any cost estimates and the final cost. The above already indicates such - from 'tens of billions' to 'hundreds of billions'. Good old taxpayers to pay - with much of the newbies needing replacement in a relatively short time - try a $1 trillion or so.
And of course all the EV's will need to be charged - and owners thinking it's cheap may be in for a rude shock if EV demand escalates as it will put more demand on energy supplies. That's what you get when politics fiddles with proven inter-generational sound engineering practices - paying the piper has begun and will continue for future generations. Govt. must see the public as a person sees a place offering bottomless cups of tea/coffee. Sugar and milk with that??Oh yes please. Coming up. Sweet.
But as for costs?? Slight increase, you do like your tea/coffee hot??
AIMO
