Why Renewable Energy Is Simply A Boondoggle

Andy’s Rant exposes the true cost of energy (via The Climate Nonconformist)

Whilst the Carbon Tax is as welcome as a turd in a swimming pool, there is no doubt whatsoever that the bipartisan support for the 20% Renewable Energy Target (RET) is the real culprit in allowing the price of power to skyrocket. The RET is illogical and economically reckless. Why Abbott and his shadow cabinet think its worth staying committed to the 20% RET is just mind boggling.

Below are the statistics on the cost of power generation in 2010 from the Australian Government’s own Productivity Commission:

  • Coal fired power station $79 per kw/h (kilowatt/hour)
  • Gas fired power station $97 per kw/h – or 1.2 times the cost of coal power
  • Wind power $1,502 per kw/h – or 19 (nineteen) times the cost of coal power
  • Solar power $4,004 per kw/h – or 50 (fifty) times the cost of coal power

You don’t need to be Einstein to work out that the high cost of Wind and Solar is the reason the public are being screwed with high electricity prices. The Carbon Tax just adds further pain.

No, you don’t. You just have to be a rational thinking person, which obviously leaves most Warmists out.

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