{"id":261776,"date":"2023-06-12T17:38:47","date_gmt":"2023-06-12T15:38:47","guid":{"rendered":"https:\/\/climatescience.press\/?p=261776"},"modified":"2023-06-12T17:38:50","modified_gmt":"2023-06-12T15:38:50","slug":"wind-solar-transition-turning-first-world-economies-into-first-order-disasters","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=261776","title":{"rendered":"Wind & Solar \u2018Transition\u2019 Turning First World Economies Into First Order\u00a0Disasters"},"content":{"rendered":"\n
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From STOP THESE THINGS<\/a><\/p>\n\n\n\n

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Make electricity unreliable and unaffordable and you\u2019ll soon turn your economy to ashes. Australia is on the brink of a major recession, and energy costs are front and centre.<\/p>\n\n\n\n

Power prices will jump by 25 to 30% next month<\/a> following the closure of yet another perfectly operable 2,000MW coal-fired power plant. Since the Federal Government\u2019s Renewable Energy Target was ramped up by the Labor government in 2010, Australians have been hit with double-digit percentage increases in their power bills every year since.<\/p>\n\n\n\n

Households are being hammered by rising interest rates and power bills that they simply cannot afford.<\/p>\n\n\n\n

Then there are energy-hungry industries, like mineral processing, which are all but done for. Aluminium smelters will be the first to go, wiping out thousands of well-paid jobs in the bargain.<\/p>\n\n\n\n

Peta Credlin taps into comments made recently by Peter Day, a director of one of Australia\u2019s last remaining smelters. Day\u2019s brutal analysis: Australia is well on the road to de-industrialisation, thanks to its idiotic energy policy.<\/p>\n\n\n\n

\u2018We can have lower emissions or a first world economy \u2013 not both\u2019
<\/strong>Sky News
Peta Credlin
30 May 2023<\/p>\n\n\n\n

Alumina Limited Director Peter Day had some sad home truths on what is Australia\u2019s counterproductive energy policy, says Sky News host Peta Credlin.<\/p>\n\n\n\n

Mr Day addressed his worries towards established industries that rely on coal and gas and also the government\u2019s lack of acknowledgement towards the inefficient backup capacities of renewable energy.<\/p>\n\n\n\n

\u201cIn plain language terms, the Alumina boss is telling us that we are on a rapid road to de-industrialisation,\u201d Ms Credlin said.<\/p>\n\n\n\n

\u201cAt some stage, we will have to wake up to the fact that we can have much lower emissions or a first world economy \u2013 but not both.\u201d<\/p>\n\n\n\n

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