There are three key points to take away from the recent power debacle in Australia.
First, take a look atthis graphof indexed electricity prices in Aussie from 1955 to 2017. After decades of steady reduction the rise in price has been steep and unrelenting since the start of the age of unreliable power in the mid-2000’s.

Remember this every time some Green tells you that Wind and Solar are cheaper than traditional base load, utility-scale power sources; “cost” is about more than just the Capex of the equipment. It’s about the cost of power shortages, limited growth, potential grid collapses, shorter plant lifetimes (25 years), and the cost of maintaining reliable backup power sources.
Second, note that the Liberal-National’s have been in government duringmuch of this time, including the last nine years just ended. So when Labor and the Left hold them responsible for much…
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