Over the weekend Labor released their Powering Australia policy...

Over the weekend Labor released their Powering Australia policy initiative laying out their 'plan' for climate action, and energy moving forward.

Whilst, it must be acknowledged that the policy is costed in terms of funding commitments, and data provided by renewable energy, carbon and commodity market analysis firm Reputex. It still fails to deliver details of the funding commitments, roll out plan, grant programs or details of private sector funding arrangements relied on throughout the documents.

What plans we do see are shrouded in vaguery, for instance:

Shared Solar Banks; $100 million commitment over 4 years for 85 solar banks powering 25,000 households, that will require 2-3 hectares of space of regional land.

Q: Where might these solar banks be built you ask?
A: Neither the policy paper, nor the costed summary report state locations, location viability or community sentiment.

Q: Who is going to pay for these solar banks?
A: 50% will be paid for by the government. The other 50% to come from owners or lessees (the public)

Q: What is the consumer cost?
A: Neither the policy paper, nor the costed summary report state price to consumer.

Q: How many jobs will this create?
A: 8 Full time equivalent (FTE) for ongoing operation and 8 (FTE) manufacturing jobs. woohooo!

Community Batteries; $200 million commitment over 4 years, 400 community batteries, benefitting 100,000 homes @ a cost of $500k ($1000/kWh) each and $8k ($16/kWh) per year ongoing.

Q: Where might these community batteries be deployed you ask?
A: Neither the policy paper, nor the costed summary report state locations, location viability or community sentiment.

Q: Who is going to pay for these community batteries?
A: Neither the policy paper, not the costed summary report details the funding arrangement. Other then the $200m commitment to the capital works. Based on paper contents, assume cost to be passed onto consumer.

Making EV's more affordable.
Q: What will the cost of an EV be reduced to the consumer by under a Labor Govt
A: a whopping $2000 on a $50,000 vehicle. Don't spend it all at once.

Technology
Q: What technology will a Labor Govt use in achieving its targets?
A: seaweed of course. a $8 million investment for research into asparagopsis seaweed and its disruption on methane

More to follow...