Victoria’s Victims: Wind & Solar Obsession Sees 60,000 Families Cut From the Grid After (Another) 16% Power Price Hike

STOP THESE THINGS

An obsession with chaotically intermittent wind and solar has sent Victorian power prices through the roof: a 16% increase in 2018 follows a 12% increase the year before that.

Given its Labor government’s push for a 50% RET, Victorians will soon catch up with their neighbours in Australia’s wind and solar capital, South Australia – the place that suffers the world’s highest power prices.

The relationship between heavily subsidised and inherently unreliable wind and solar and spiralling power prices is pretty clear: see above the graphic from Dr Michael Crawford.

Making it evident that ‘green’ energy virtue signalling is a rich man’s sport, RE zealots still trumpet the purportedly ‘inevitable’ transition to an all wind and sun powered future: to hell with the cost, and to hell with those who can no longer afford electricity.

With power prices rocketing out of control, no end in sight, there are already

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This entry was posted in applied price theory on by .

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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