“Not only will it fail in the short term, but it is going to have a disastrous effect on the industry over the longer term because it kills supply,” he told Sky News Australia.
“I doubt very much my colleagues are going to stand by and have the Australian economy ruined by a government that cannot explain this package, has not modelled this package, and has no implementation plan for this package.”
9 years of nothing from the LNP
Economics 101. Capped price means fall in production, higher prices for longer, the domestic market will struggle. First big blackout will be by mid-2024. PM, Treasurer & Energy Minister have never held a real job… union organiser, political staffer, MP. Ideology over reality.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Energy package is no ‘magic bullet’ but will take sting out of price rises: BowenEnergy Minister Chris Bowen has accepted the Energy Price Relief Plan will not 'solve all the problems' in the energy market but insisted the Government took 'decisive action' to protect consumers from price rises. Solving the symptom and not the problem. Government in a nutshell. It’s a LOT more than the crooked, do-nothing Morrison Government did! And in a Far Shorter time period. It will cause more problems and solve none.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Voice to Parliament is ‘nothing more than a thought bubble’Shadow Climate Change and Energy Minister Ted O’Brien says right now the Indigenous Voice to Parliament is “nothing more than a thought bubble” until Prime Minister Anthony Albanese presents more detail. Every single policy of this government and Prime Minister are mere thought bubbles. Buckle up, the next 3 years are going to be rough as guts… ClulessAlbo Thought bubble on The Voice is the same as ? Ted, read the report before you issue thought bubbles.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Albanese government takes ‘no backwards step’ when it comes to energyEnergy Minister Chris Bowen says the Albanese government “takes no backwards step” when it comes to acting on rising energy costs after price caps on energy resources were announced on Friday. “A new capacity investment scheme, which will unleash billions of dollars of stored, dispatchable renewable energy right across our country,” Mr Bowen told a press conference on Saturday. “We had 4 gigawatts of energy leave the grid under the Liberals, and only gigawatt come on, that’s a part of the reason why we face this energy crisis.” It’s called kicking the can down the road Liar, we do *not* import coal from Ukraine or Russia. Bowen is trashing *our* money for *his* idiology. That’s because nobody sleepwalks backwards.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘Intermittent, not dispatchable’: Renewable energy’s ‘often not there when you want it’The phrase “dispatchable renewable energy” has to be one of the “great oxymorons of our time”, says Sky News host Chris Kenny. On Thursday, Energy Minister Chris Bowen said the government would call auctions for bids for dispatchable renewable energy. “Dispatchable renewable energy? That's the whole problem with renewable energy, it's intermittent, it's not dispatchable, it’s often not there when you want it,” Mr Kenny said. “When you have it, it’s great, but when the wind isn't blowing or the sun isn't shining, it’s about as good as, well, it’s about as good as a politician’s promise to lower your power bill by $275 a year.” You people are becoming more detached from reality by the day.. you have zero influence anymore. You helped ruin the liberal party. It's fantastic Lefties who say no to coal/gas or nuclear are like the drunk drive who the cops pull over & insist they aren't DWI & speed off, go through red-lights then crash & kill themselves, rather than having to admit they're drunk. I still remember how the environment movement forced companies like McDonald's to move from paper to plastic (save the trees). Didn't work out well and we now have a worse world for it Now they want un- recyclable material like solar panels, batteries, and wind farms... bad
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Energy makes the headlines, but reset on diplomacy is Albanese’s real power playThe government has lowered domestic tensions, enabling it to adopt a more grown-up foreign policy that can improve ties with Washington and Beijing
Source: GuardianAus - 🏆 1. / 98 Read more »
Government’s energy plan ‘does nothing’ to deal with infrastructure, supply issuesSky News contributor Caroline Di Russo says the government’s energy plan is “no more than a Band-Aid”. “And it does absolutely nothing to deal with the infrastructure issues and the supply issues which are actually the foundation of this problem,” Ms Di Russo told Sky News host Caleb Bond. “Unfortunately, there is no quick fix and unfortunately it is about changing state government policy so that there’s more exploration. “So that there is better management of infrastructure and not just closing down power stations because you think coal is unfashionable.” Nothing! Renewables doing fine I see 😂🤦 The 2 no chins..= weak men.
Source: SkyNewsAust - 🏆 7. / 78 Read more »