By Tedder – Own work, CC BY 3.0,
By Jo Nova
“No wind project, not a single one, was signed off financially in the first half of 2025.”
There is a bit of paralysis of green investment Downunder.
BloombergNEF sells itself as the analysts of the energy transition for investors. According to them, Australia’s rapid transition is “seen as a global test case” and if so, the green wish-fairy needs an ambulance full of money. This year investments in grid-scale solar shrank to just 30% of what they were a year ago, and no wind project at all was committed in the first half of 2025.
This is a fall that is accelerating. 2023 was the boom year and in 2024 investment “fell 48%” which sounds pretty drastic. But this year is even worse.
Renewables investment falls off cliff as no new wind projects reach financial close in first half of 2025
By Sophie Vorrath, RenewEconomy
Investment in new wind and solar projects dropped by 64 per cent in the first half of 2025, compared to the same period in 2024, underscoring concerns that Australia’s energy transition is not attracting nearly enough capital.
“In the first half of 2025, Australia saw $556 million of investment in utility-scale solar, falling sharply from $1.6 billion in the same period in 2024,” the report says. No wind projects at all reached financial close over the period.
This is a far cry from the roughly $US59 billion ($A92 billion) BloombergNEF has said that Australia needs to invest some (sic) every year between now and 2030 to meet its economy wide net zero target – currently set for 2050.
At Bloomberg, they know this is serious: “the slowdown in wind farm development has come despite government support for wind being at an all-time high” they say wistfully. A month ago they surveyed investors who managed as much as $38b in renewable “assets” so the Bloomberg team already knew from investors that the transmission lines are delayed, the communities hate the projects, and the costs have reached escape velocity.
Australia’s transition is “sluggish” and “slow” and new projects are “stranded”:
Renewables Investors Say Australia’s Grid Delays Hamper Outlays
By Keira Wright, Bloomberg
Australia’s rapid energy transition to replace aging coal-fired plants is seen as a global test case, but its sluggish build out of transmission infrastructure has left new solar and wind projects stranded, and helped make its power market one of the most volatile in the world.
Transmission delays and slow planning processes are the biggest barriers to deploying capital, closely followed by costly and slow grid connections, according to the survey of members of the Clean Energy Investor Group
To be fair, part of the slowdown this year was also the uncertainty over the recent Australian election, not that the opposition opposed NetZero, or even mentioned it much. But it’s a dire statement anyway — if an industry depends on the outcome of an election in a life-and-death kind of way, it only proves they are not and never were competitive, needed, or popular products. To that end, the Labor government has tried to make up for that by dropping money from helicopters with a boost to the Capacity Investment Scheme (CIS)” which will “support” another 3GW of unreliable generation.
But even Ross Garnaut, perpetual fan of green energy, says this is not enough, and he is long past mincing his words:
“The renewable energy transition is sick,” he said. “We are, for the time being, on a path to comprehensive failure.”
If the quote above from Sophie Vorrath is accurate, then according to Bloomberg, Australia needs to spend $92 billion every year for the next five years to meet it’s Net Zero Target. (Just $460 billion!) Where was that price tag in the Australian election when we needed it?
Renewables investments falls off cliff . . . good !
600
Along with Albo’s new Central Coast cliff top house with him and Blackout Bowen in it at the time.
330
Good news at last. Meanwhile it seems our Department of Climate Change is still chewing its cud and will release a scary report one day. Comprehensive failure would be more good news.
430
When more and more subsidies are never enough.
Wonder when helicopters and politicians will be in the same sentence
230
WOOOOOOOOOO HOOOOOOOO!!!!
It’s time to celebrate!
320
Large projects are not being launched.
Small projects, (household batteries), are taking off.
Industry is leaving/closing.
Nett zero is very likely.
It’s got nothing to do with choice. There simply will be no electrical power to go around. I think that’s the plan. If you make and store your own, how long before you are compelled to share it?
440
That will not happen.
Electricity supply in Australia has achieved the status of essential service as defined in law:
There is no means to compel individual households to be responsible for supplying an essential service. Governments have that responsibility and any government that fails in that responsibility would be booted out.
Bowen and Also have cornered themselves. However I expect UK will fold first because they do not have the strongly growing rooftop sector like Australia. I cannot imagine what another 4 years of Starmer will produce. So far. their is no viable alternative to Labor in Australia so they could even get as third term. LNP will not get in unless they flip on NetZero.
420
…. unless they change the definition of essential service.
Which they absolutely will if they get desperate enough.
Just look at what happened to the definition of ‘vaccine’ during Covid, or how the definitions of ‘racist’ and ‘fascist’ and ‘capitalist/socialist’ have been stretched and manipulated beyond recognition in the past decade.
370
Doublespeak at its finest. ‘1984 – A How-to Manual for Australian Marxists’
110
It was just a couple of years ago when Australians discovered to their dismay, just what means their government had at their disposal to compel individuals to do their bidding. Don’t think the jackals in Canberra and state capitals are not emboldened by that. Don’t forget or forgive – they are capable of anything in their mad pursuit of control.
271
Unfortunately, it seems that laws, and even interpretations of our Constitution, are flexible if governments so decide.
When a High Court challenge costs so much, we ordinary Australians are left at a distinct disadvantage when challenging government laws and interpretations that are used to impose unreasonable conditions on us.
There has already been at least one instance of a household that had a storage battery charge fed into the grid without the homeowner’s knowledge, but it was apparently permitted under the agreement entered into with the battery installation. I don’t have the link for it at hand, but I’m sure others here recall it.
160
UK currently importing more from France than is coming from wind. Imports from EU and Norway are very often totalling 20% or more of demand
30
You will be compelled to share as soon as politicians see electoral defeat coming their way.
100
Not so much a test case as a basket case.
I always thought it would have to get worse before it got better. Hopefully the bottom is in sight.
If politicians in Western democracies get prodded hard enough by reality then they will look for excuses to do a U-turn, and start listening to those scientists who say CO2 is less influential. It would be better if politicians listened today, out of concern for truth. How much suffering will the poor have undergone in the meantime? How much money wasted?
Democratic means must be used to ensure that there is a meaningful reckoning against the persons responsible.
370
“Democratic means must be used to ensure that there is a meaningful reckoning against the persons responsible.”
And for the Covid Nightmare while they are at it.
250
A nightmare doesn’t have a mind trying to create it. The Covid tyranny was very much created … and in my view, quite deliberately created, by those in government who knew the jab wasn’t working.
161
Disregarding the the nonsense of the project for a moment, the question to ask is, “Which Minister or snivel servant is ultimately responsible for this failure in planning and execution, and can we expect to see heads roll for the failure?”
In other circumstances a catastrophic failure of this magnitude would be a career-ending performance.
260
Rick, i don’t think there is anything that constitutes “career-ending failure” in politics these days. Bonehead/ blowhard Bowen,(energy) Andrew Giles (immigration) or others should have lost their jobs months ago for sheer incompetence and criminal negligence.
I think a Politician could be literally caught in the act with a goat, the photos circulated widely in the press and still not lose their position these days.
260
This recent video demonstrates how much of a buffoon Big Wind Bowen is, although the presenter prefers to refer to him as Bozo (no argument from me on that label).
https://www.youtube.com/watch?v=Ju89Yg-ftaU
When you have a minister who is more focused on ridiculing new MPs rather than making decisions to guarantee the nation’s energy security, it’s little wonder the country is going down the toilet.
100
I thought the “net zero” targets were written into law by Albo’s government. When do we start to sue them for breaking their own law?
290
“Renewables Investment” ?
Those things were never an investment and were simply a device to humiliate and damage the Western nations that were dumb enough to use them and believe that they were functional.
In the latest news it’s said that the “originators” of this scheme are trying out a fan which uses blades of 153 metres in length: wow , that’s one huge insult to western “civilisation”.
From an engineering perspective these things are ridiculous and simply meant as an insult.
No doubt Albo will borrow some more money to buy a few.
Blow the wind southerly.
260
Now that they’ve routed Australia, they’ve discovered Aotearoa – the country formerly known as New Zealand:
https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/peter-spencer-parkwind-country-manager-looking-at-plans-for-offshore-wind-farms-in-south-taranaki/
From the heart of the beast, Belgian subsidy harvesters have arrived in town with their 100% Sustainable Snakeoil Scheme, the NZ rep saying:
“Europeans are the masters of it. The Australians are doing very well”. Say what?!
Between the Greenslime, whale people, fishermen, surfers, and an Olympic pool-sized tribe of local Maori groups, the Belgians may be pushing the proverbial uphill – unless, of course, they have a quiet little word in the ear of Minister for Climate, Mr Watt (no joke, it’s true!).
Odd how we ‘world leaders’ are 20 years behind the rest of the [failed] world: must be the money!
130
Only a fool would invest in grid weather dependent generation. China must be concerned about sovereign risk with a change in government in Australia otherwise they would be pouring equipment in on long-term lease deals.
The truth is the NEM is stuffed. This chart from AEMO’s Q2 2025 report highlights the mess:
https://i0.wp.com/wattsupwiththat.com/wp-content/uploads/2025/08/NEM_Demand-1754691565.5607.png?fit=615%2C557&ssl=1
The only source of generation that is increasing is rooftops. The wholesale market is declining. But grid connected dispatchable generation has to increase because the true peak demand is increasing. Rooftop solar only works through lunchtime and batteries eventually run flat.
So the NEM is in a bind with rooftops eating up market share for grid WDGs; no reduction in dispatchable generation but wholesale market volume declining. That means much higher grid costs spread over falling demand.
To give an indication of the increase in complexity and cost, AEMO’s budget in 2016 was $141M. It has been set at $755M for 2026.
The two largest aluminium smelters still running have zero book value. They are close to shutting down. They will remove 2GW of wholesale demand. That will help with the immediate issue of tight dispatchabvle capacity but it also means smaller volume to recover costs.
200
True, but in my area it will also mean the loss of a LOT of jobs from the local smelter, and the likely closing of a lot of businesses that support the smelter, both large and small.
The scope of lost jobs and wages will also flow to my small (micro) business – unrelated to aluminium smelting – that keeps the roof over my head and food on my table. Many of my clients are employed either directly or indirectly by this industry.
Closing a large industry has a flow-on effect far beyond that industry alone, and the damage far outweighs any “benefit” of relief of load on electricity generation capacity.
240
The aluminium smelters were all enticed to invest in Australia by State governments to help fund large coal fired coal plants. The smelters paid their fuel costs while households and small businesses paid for the capital spent on construction. The smelters enjoyed a synergistic relationship by supplying good jobs while using subsidised electricity. The smelters cashed in as did the communities they supported.
The subsidised electricity for smelters is no longer available. The subsidies now go to the wind and solar farms, batteries, power lines and rooftops. There are plenty of jobs in wind, solar, batteries and all the other transition stuff but it is all wasted. It does not even replace any fossil fuel generation – all and more still needed for when there is no wind, no sun and batteries are flat.
Australia is reducing the amount of fossil fuels burnt in the country but shifting the burden primarily to China. If Australia was not supplying raw materials to China the country would be going backward even faster.
90
RickWill,
I well remember the competition between the states trying to get the aluminium smelters to bless us with their presence. NSW had some pretty big pratfalls at the time.
I would have worded the story differently, but will let your version go for the most part. However, this bit:
has to be contested. The power stations NSW put in to provide cheap electricity for smelting — Bayswater, Eraring, Mount Piper — are still working, so the electricity is still there. The problem is that we haven’t built any others while NSW’s population has grown by about 60% since 1980. What used to make aluminium billets, etc., is now boiling kettles and making toasted sandwiches.
As for “subsidised” electricity, “cheap” is the word you should have used. As you already said, the states wore the capital costs, but the smelters paid for generation.
90
‘The two largest aluminium smelters still running have zero book value.’
Australia exports of aluminium to the US was US$268.58 million during 2024, so clearly Australia’s state owned enterprises are non-profit organisations dumping on the US.
23
I like this quote from Ross Garnaut, “The renewable energy transition is sick,” he said. “We are, for the time being, on a path to comprehensive failure.”
You could apply the same statement to the Paris accords and the Kyoto Protocol. Since these accords were signed, annual global CO2 emissions have increased by about half a billion tons annually. Forget about Net Zero emissions, when will they even level off globally? The UN and the IPCC has been on this “path to comprehensive failure” for 30 years.
280
No time soon. Even if China finally hits their peak tomorrow and begins the same slow tapering off that Europe and it’s diaspora have been doing for the past 30 years, India is about 20-25 years behind them and will remain in their rapid acceleration phase for at least that long. Ditto for much of the rest of southeast Asia, Oceania, and South America. And at some point, Africa and it’s exploding population is going BEGIN it’s rapid buildout which will last at least a couple of generations. And that’s not even factoring the humongous energy demands of new technologies like AI and whatever other technologies might develop over the next half-century or so.
In fact, I would argue that emissions will not EVER level off globally until (1) a catastrophic event kills a large portion of the human population or (2) fossil fuel reserves are exhausted and no new technology emerges to make extracting new reserves more economical [as fracking did a generation ago].
110
Garnaut wants to introduce a carbon tax and thinks Labor should do so because they have their super huge majority, so no one can stop them.
10
What a callous joke and yet Renew Economy have also told us that Aussies must spend 7 to 9 TRILLION $ to reach so called net zero.
And our TOXIC , unreliable, grid must also increase by 100 times its present size by 2040 and definitely destroy the Eastern Aussie environment.
Does anyone here not understand this barking mad fantasy and not understand that this lousy, toxic mess will have to be replaced every 15 to 20 years?
And they can check this with the US Princeton Uni, Melbourne Uni, Qld Uni and the Nous Group study.
Just look it up for yourselves.
290
Again just read the first sentence at the Renew Economy link.
We had 30 GW of toxic W & S in April 2023 and must have 3000 GW or 3 TERAWATTS to reach their fantasy of net zero.
So a hundred times more of their toxic, unreliable W & S and of course no change to weather or climate at all. Just ask China and the other NON OECD countries.
https://reneweconomy.com.au/net-zero-study-finds-australia-needs-nearly-three-terawatts-of-wind-and-solar/#:~:text=Australia%20will%20need%20nearly%20three%20terrawatts%2C%20or%203%2C000,to%20%249%20trillion%2C%20according%20to%20a%20new%20study
130
The really sad irony is that nuclear power has an installed cost ranging from $2(US) per watt for Chinese state of the art to $15 per watt for European reactors.
We could replace our total current grid generation capacity for merely one or two hundred billion, and have incredibly cheap, reliable and despatchable electricity.
Whilst meeting the very pointless net zero goal at the same time AND use less land and materials in the process..
Sigh.
150
The supporters of Net Zero and the renewable agenda rely on the vast subsidy scheme for their survival. Their last consideration is for the consumer. Add to that the fact that the Industry Super Funds, big donors to Albo and Co, are heavily invested in renewables because of those subsidies. If the subsidies were to go the Industry Super Funds would lose billions and that would upset all those workers who have invested their super contributions with them. It is surely crazy when a worker is obliged to invest in an industry fund which then invests in renewables which cost the worker more for electricity and subsidies which then go to provide a supposed better return for when the worker retires. No wonder the funds panic when the Coalition have the temerity to question the subsidies and more so whem it wants policy owners to use their super to buy a house.
100
Whats’s started with the Honourable Member for Mc Mahon (Chris Bowen) is the pattern of lies he used when he was the Minister for Immigration during the Rudd/ Gillard / Rudd years. This lack of green investment will just trigger him more. But now, instead of press interviews, he does them via TikTok or other media. Witness his claim that India don’t have coal as their major energy generator fuel. Just a lie. So, the equivalent of ” you cant stop the boats’ or there’s complicated ” push/pull” factors that cant be solved to stop the influx of illegal immigration. Somehow, he always gets away with it. Mostly because he must have sycophant public servants backing him up in the Department. Or perhaps he just knows the opposition are hopeless and the mainstream media are just unquestioning, with a few rare exceptions.
220
Good.
Now, since wind and solar farms are essentially just publicity devices, it would be a good time to include renewables expenses in a minister’s electorate allowance.
50
I see you quoted Ross Garnaut, I repeatedly asked him to explain( 2010/11) the links he had between CO2 and climate change when he was still at ANU. Never a reply, which confirmed to me that the correlation was insignificant or zero. He seems to be now recognizing the follie of being a world leader in a proven failure!!
190
Angus:
was searching through some old USB’s and found this (don’t know where or when) but
In January, the average temperature for the Southern Hemisphere by the decade was:
1979-88 was 17.71°C,
1989-98 was 17.42°C,
1999-2008 was 17.5°C
2009-18 was 17.69°C
Doesn’t seem to be much Global Warming down South (sort of backs up RickWill’s article in WUWT).
High Resolution Earth Orbital Precession relative to Climate & Weather
https://wattsupwiththat.com/2025/05/04/high-resolution-earth-orbital-precession-relative-to-climate-weather/
150
The ABC has recognised this problem as well:
https://www.abc.net.au/news/2025-08-06/australia’s-clean-energy-transition-facing-a/105621956
The closing comment ” the value you attach to emissions”
Australia has placed an extraordinary price on emissions. The cost is loss of all heavy industry and manufacturing.
News to me in this report – The first stage of the Marinus link is still alive despite the $5bn estimate for the 1500MW link. Now gone into commercial-in-confidence mode so the costs will not be public. The lunacy here for Tasmanians is that Norway is shutting down their interconnectors with Germany because Norway is obliged to import the high cost of intermittency in the German grid. Tasmania will do the same. South Austrralia’s extraordinarily high cost of intermittency is spreading through the NEM like a virus as each interconnector gets switched on.
210
Rick:
The Norwegians have an election coming so expect some Kraut bashing.
The problem is real, when there is lots of “renewables” the Germans export them to Norway (and Sweden).
When Germany “renewables” don’t work and German electricity prices climb their wants cause prices to jump in Norway (and Sweden). (On top of that Norway is expected to bail out the UK.)
Both countries get the disadvantages of “renewables” and cannot see why they have to cover (and high costs) for the German & UK stupidity.
Finland refuses to interconnect to German as their electricity prices are quite low (mostly nuclear from 7 reactors).
Poland and Czechia have phase transformers on their interconnections so they can limit the amounts to or from German.
The French seem to have some way of limiting the drain on the system.
“Fortunately” Germany is following The Australian approach of getting rid of industries which need electricity all the time.
180
Good news, no, great news.
40
Down Another 100% wouldn’t go astray either. <:o)
60
Again here’s the latest OWI Data co2 emissions link for the World, NON OECD, OECD and that near horizontal biro line at the bottom of the graph is Australia.
So why are WASTING up to 9 TRILLION $ on their toxic, unreliable fantasy and for a guaranteed ZERO return?
https://ourworldindata.org/grapher/annual-co2-emissions-per-country?country=OWID_WRL~OECD+%28GCP%29~Non-OECD+%28GCP%29~AUS
80
Again, note that there has been a fairly strong upward trend in World co2 emissions since 1945.
Then note that downward OECD curve and the strong NON OECD upward trend since the 1990s or about the last 30 years.
50
Neville, very true, a monumental waste of money and destruction of our economy and living standards. Compare your graph to GDP of the same countries and it is very similar, ie, China, high CO2 and a high GDP, Australia low CO2 and a low GDP.
I printed both graphs out to display side by side on the workplace notice board.
50
I wouldn’t bet on that Marinus link proceeding.
Hydro Tasmania needs to look at supplying Tasmania first
And new wind farms are unlikely in the near term
80
The answer is obviously that more subsidies are needed.
/sarc
110
Many a true word is spoken in jest!!!
30
Using aeronautical terminology to describe our plight: it is a matter of time before the devastating and costly charade of Albanese’s renewable energy transition reaches unrecoverable stall speed. Then comes the inevitable crash and burn. Verdict: Pilot and crew bail out with their super-scheme parachutes but passengers on the renewable energy express are left to stagger out of the wreckage trying to find what’s left of their luggage.
140
Maybe the TGA could source a vaxx to cure the renewables sector?
This smacks of a bubble burst, spectacular rise, tapers off as reality hits, then a spectacular crash.
Who and what will the clown pollies blame when it happens? Certainly won’t be themselves.
Just like the fake AI sector is hitting the wall now…just like $BC is too…small improvements for massive outlays.
Not worth it.
60
Ben Beatie just released his latest episode of “The Baseload” podcast where he has the infamous bleating goat call out the lies of John Grimes of the “Smart Energy Council” and others trying to upsell the “energy transition” to the Canberra bubble press club. Well worth a listen, search The Baseload Podcast on Spotify or other podcast platforms.
It discusses disturbing new powers that the NSW parliament has granted their energy minister to service the needs of Renewable energy “investors” but not the needs of the Electricity retail customers or the public whom they are supposed to provide services to.
90
“Smart Energy Council”. Surely that’s an oxymoron…
20
Again, even the Royal Society tell the truth about any reduction in co2 emissions today.
In fact they tell us that we could or should (?) stop all Human co2 emissions today and wait for thousands of years to see any change.
Then they tell us that we should return to conditions of the LIA and life expectancy of 28.5 years + severe droughts and severe floods + famines + malnutrition deaths + 98% higher death rates from all extreme weather events etc, etc.
Does anyone really THINK this is good scientific advice to follow? When will we WAKE UP and learn to THINK for ourselves?
Here’s the Link to the Royal Society summary of their question 20.
20. “If emissions of greenhouse gases were stopped, would the climate return to the conditions of 200 years ago?”
No. Even if emissions of greenhouse gases were to suddenly stop, Earth’s surface temperature would require thousands of years to cool and return to the level in the pre-industrial era”.
“If emissions of CO2 stopped altogether, it would take many thousands of years for atmospheric CO2 to return to “pre-industrial” levels due to its very slow transfer to the deep ocean and ultimate burial in ocean sediments. Surface temperatures would stay elevated for at least a thousand years, implying a long-term commitment to a warmer planet due to past and current emissions. Sea level would likely continue to rise for many centuries even after temperature stopped increasing [Figure 9]. Significant cooling would be required to reverse melting of glaciers and the Greenland ice sheet, which formed during past cold climates. The current CO2-induced warming of Earth is therefore essentially irreversible on human timescales. The amount and rate of further warming will depend almost entirely on how much more CO2 humankind emits.”
50
Here’s the link to the full Royal Society question 20.
Are we really that stupid to want to follow these left wing loonies and waste TRILLIONs of $ for a ZERO return by 2100 or even 3100?
China and Russia etc must be laughing and smacking their chops as we quickly sink into oblivion.
https://royalsociety.org/news-resources/projects/climate-change-evidence-causes/question-20/
60
Horrendous response. If as the RS claim, it would take “many thousands of years”, please explain how our planet is comfortably removing half of mankind’s CO2 emissions from the atmosphere every year. The answer of course is that excess atmospheric CO2 has a half-life of about 12 years. OK, with a half-life, you can go for ever and not get to zero, but you’re close enough in half a century that what’s left is irrelevant.
40
Climate models have created a cargo cult type primitive belief that the weather will be perfect if everyone stops burning fossil fuels. Prohibit burning fossil fuels and there will be no damaging storms, no flooding, no droughts no heatwaves, no blizzards, only gentle cyclones, perfect seasons, perfect crops a perfect time for everyone. Burning fossil fuels is now the original sin.
100
” Burning fossil fuels is now the original sin.”
Yet ancient peoples the world over burned fuels that never made it to the “fossil” stage. So for humans to return to that “perfect time” we should go back to burning anything that is combustible. Wood straight from felled trees, animal dung, grasses, the inedible parts of animals, anything that would support combustion. Don’t worry about poisonous gases, loads of airborne particles or any of the dangerous stuff as long as it’s not fossil fuel. Seems like a plan. Oh unless you have a combustion stove, that also is planet destroying just burn your stuff in an open hearth.
80
The historical life expectancy of 28.5 years did not mean that people were doddering aged wrecks at 28. That number was driven by a truly horrific infant and child mortality rate. If 100 children are born, but half of them die before their first birthday, with the other half living to 60, the life expectancy of those 100 children is 30 years. Back then, if you survived your first five years of life, you could expect a reasonably ‘normal’ lifespan; the biggest contribution to increased human lifespan has been a massive reduction in childbirth and infant mortality rates.
20
The combined anti-energy policies, foreign policies, woke policies and inappropriate immigration policies of Albanese are guaranteed to destroy Australia. Just one alone could do it, all represent rapid devastation.
111
Here’s an update on Andrew Bolt’s younger brother Richard of the Nous Group.
Andrew pulled a face one night on his show when referring to him and didn’t seem to be very impressed with his latest silly fantasies.
https://www.ceda.com.au/newsandresources/opinion/energy/we-should-explore-nuclear-energy-while-we-accelerate-renewables
30
Alarmist celebrities, politicians and gravy train passengers all talking about the so called “transition” as if it can happen. Never will.
Stop putzing around and go nuclear.
101
Politically incorrect even in this day and age, better to go gas and prop up renewables until they wake up, then Hele coal fired power stations would be cheaper and quicker to construct than nuclear.
54
Andrew Bolt and Dr Adi Paterson tell us that Labor and Jim Chalmers are liars and challenge them to a proper debate on Nuclear energy, but so far they’ve had no response.
Nuclear expert Dr Paterson also tells us we are heading for a disaster installing more clueless, dilute W & S. See him at the end of this 5 minute Bolt video and he definitely says Jim Chalmers is a liar.
https://www.youtube.com/watch?v=t7JM7q_WgO4
100
Judge for yourselves whether Labor and Jim Chalmers are liars when they claim that the Coalition’s 7 Nuclear energy stations would cost 600 billion $ or 0.6 trillion $.
Here China is building 5 nuclear energy power stations for 27.5 billion $ and this represents 10 nuclear units.
IOW that’s just 5.5 billion $ per power station.
Even if Australia spent about 3 times the Chinese cost it would only cost about 16.5 billion $ or about 115.5 billion $ or just 0.116 trillion $ for seven power stations and last way beyond 2100 and a capacity factor of 93%.
https://www.sustainability-times.com/energy/china-approves-10-nuclear-reactors-for-2025-massive-energy-push-signals-global-power-shift-in-atomic-race/#:~:text=%F0%9F%92%A1%20Recent%20approvals%20of%20five%20new%20projects%20involve,with%20global%20partners%20and%20opens%2012%20research%20facilities.
100
The problem with Nut Zero is that it puts up the price of everything including everything to do with Nut Zero …. and that then feeds through to another price rise in everything, including Nut Zero.
120
Another Nuclear energy expert tells Chris Kenny why we must use BASELOAD energy as a priority for Australia.
https://www.youtube.com/watch?v=_tkXk-8GLAY
40
The 64% drop in Australia’s large-scale renewable investment this year is a wake-up call. It’s less about lack of interest and more about grid bottlenecks, red tape, and project delays. Until we fix these, progress toward our clean-energy goals will stall. On a brighter note, innovation in connectivity—like Starlink in Australia https://www.theardor.com.au/starlink-australia/ —shows how tech can still push boundaries where infrastructure struggles.
15
What a load of Tosh. Reality meets up with Screwology and Reality wins again.
50