There would not be wind or solar industries in the absence of massive and endless subsidies. Those subsidies are either tacked on top of rocketing power bills and paid for by households and businesses; or they are provided in the form of tax credits or rebates to the owners and operators of wind turbines and solar panels; or they are provided to them by direct payment from governments for which all taxpayers are ultimately liable.
Governments and renewable energy rent-seekers have gone to considerable efforts to conceal how much subsidies are costing us; for obvious political reasons.
In Australia, as Alan Moran details below, the cost to date has been staggering and, if Scott Morrison signs up to a net-zero carbon dioxide gas emissions target, the cost born by households and businesses will be truly colossal.
Australia’s Obscene Green Subsidy Machine
Quadrant Online
Alan Moran
6 October 2021
When an…
View original post 819 more words
Utopia, you are standing in it! 
Recent Comments