By Andrew Bolt ~
The Turnbull Government claims the Finkel report’s plan will cut your power bills and end the climate war. What a joke: how can moving to nearly 50 per cent renewable energy do anything but make electricity a luxury item? Remove Turnbull before he destroys both the power grid and the Liberals.
Look at what happens to the penetration of renewables under the Finkel recommendations: it goes from 16 per cent of electricity generation now to 42 per cent in 2030 — not far off Labor’s holy grail of 50 per cent. It’s no wonder Labor is tempted to sign on.
Gas goes from 6 per cent in 2020 to 5 per cent in 2030 and to just 3 per cent in 2050 — so much for the CET being neutral about technology. For a country with abundant gas supplies, this is a ridiculous…
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