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Bill Shorten wasting your money on batteries

Posted By David Evans On November 22, 2018 @ 9:17 pm In Global Warming | Comments Disabled

By David Evans

Joanne called today from Doha, on her way to give a speech in Germany. I mentioned that Bill Shorten was promising to a rebate of up to $2,000 per household to install residential batteries … and a quarter of a second I heard “what a brilliant way to waste a lot of money!

Batteries schmatteries:

Bill Shorten unveils $15bn energy plan to help tackle climate ‘disaster’, by Katharine Murphy.

Bill Shorten has unveiled a $15bn program for driving the transformation in Australia’s energy system to low-emissions sources, declaring climate change is no longer an emergency, “it’s a disaster”. …

Labor is proposing an emissions reduction target across the economy of 45% and aims to have renewables achieve a 50% share of the electricity market by 2030.

Eight coal-fired power stations are set to close over the next two decades because they have reached the end of their operating life, and Labor’s higher emissions reduction target will drive a faster rationalisation.

What do you think? Is Bill Shorten’s climate plan a disaster for Australia? Should the Federal Government have conducted some due diligence before heading down this path?

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