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Well this is infuriating. Australian energy prices could be slashed overnight simply by allowing our coal fire power stations to operate at full capacity. Senator Matt Canavan says at the moment it’s only 50%. Increasing that to 90% would be the same as opening 3 new power stations. So...

35,615 views • 14 days ago •via X (Twitter)

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The strategic military tactic of using air raids to target power stations—aiming to cripple an enemy’s electrical grid to weaken their industrial capacity—has been employed in conflicts from World War II right through to the most recent regional wars. If Australia were ever attacked, the first thing any competent enemy would do is hammer is our electricity generating infrastructure. They would seek to bomb our coal-fired power stations into oblivion. But in Australia today, the enemy is already inside the gates. We don’t need foreign bombers. We have the Net Zero mafia and the climate cultists doing the job for them, as they systematically blow up our reliable coal-fired power stations. The latest casualty is the Liddell Power Station, owned by AGL. For AGL, shutting it down and “blowing it up” was a cold, anti-competitive profit-maximising decision. By deliberately reducing supply, they drove up the wholesale electricity prices they were receiving from their other generating assets, making the company far more profitable with Liddell destroyed than running. AGL even rejected a $250 million offer from a competitor who wanted to buy Liddell and keep it operating. The station was literally worth more to AGL dead than alive. This is textbook anti-competitive behaviour by a company with substantial market power. It should be illegal. Yet when I raised this directly with the ACCC, they refused to anything. The brutal bottom line is this: if it weren’t for the deranged Net Zero obsession and the suicidal Paris Accord (which the USA has abandoned and China simply ignores), a brand-new, high-efficiency, low-emissions coal-fired power station should have been commissioned at Liddell back in 2018 for around $4 billion. Instead, we’ve already wasted over $40 billion on the energy-destroying white elephant called Snowy 2.0. We are not being invaded. The enemy is already inside the gates. We are committing national energy suicide — aided and abetted by our own politicians, bureaucrats, and corporate rent-seekers.

Craig Kelly:🇦🇺Foundation for Economic Education

19,319 views • 2 months ago

Reposting because the AEC requires authorisation... "AEC rules Abbie Chatfield does not need authorisation for podcast, but cross-posting rules unclear" - There are rules for some but not others. ••••••••••••••••••••••••••••••••••••••••••••• It’s time governments stopped lying about renewable energy. “The federal government’s wind farm subsidies are enriching foreign corporates and leaving Australians worse off, all in an effort to prop up unreliable and inefficient renewable energy projects,” said Mia Schlicht, Research Fellow at the Institute of Public Affairs. Today, the IPA released new research detailing how the federal government’s Large-scale Renewable Energy Target (LRET) guarantees a river of gold for predominantly foreign owned wind farms and how the cost is transferred to electricity consumers. The research found: In 2024, through the LRET subsidy scheme, a total of $1.04 billion was paid by electricity consumers to the 50 largest wind farms operating in Australia. 35 of Australia’s 50 largest wind farms, 70 per cent, are entirely or partially foreign owned. Australian energy consumers were forced to pay $689 million to foreign owned wind farms. “In the middle of a cost-of-living crisis, the federal government is forcing Australian electricity consumers to hand over $1 billion through hidden charges on their power bills to largely foreign owned companies, all in the name of net zero,” said Ms Schlicht. “How can the Prime Minister, having broken his promise to cut household power bills, justify sending over $689 million to foreign companies when mainstream Australians cannot afford their power bills?” To meet economy wrecking emissions reduction targets, the federal government forces electricity retailers to purchase large-scale generation certificates from renewable energy producers. This artificially inflates the demand for renewables, with added costs passed on to consumers.” One of the biggest subsides that renewables get is the renewable energy target that forces energy retailers to buy renewable energy or they get penalised. This forces demand for renewables up in the short window that the sun is shining which increases the price of energy via your power bill. This scheme isn’t well understood but it should be, because if people knew how much it was increasing their power bills and that the money was going offshore they would be up in arms. People First will continue to lobby for the removal of the RET as it is unacceptable the energy prices are being forced up because of it. Quote from:

Gerard Rennick

30,562 views • 1 year ago