Global energy market struggling shows Australia needs ‘more renewables’: Chalmers

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Treasurer Jim Chalmers says there is “more work to be done” to prevent an increase in energy prices on the “regulatory side”.

“It remains the case that renewable energy is cheaper energy,” he said at the National Press Club on Wednesday.

“We see what is happening in global energy markets is a reason to do more, to get more renewables into the system.

 

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Sky high energy prices about hit Australia

Broken promise from Albo and Jim. No plan no idea. excuses excuses is all we hear.

Renewables are cheaper if the following points align: - The magic fairy pays $1 trillion and builds the suitable transmission lines and infrastructure to cater for intermittent renewables. - It is daytime. - It is a sunny day. - It is a windy day.

More renewables = higher electricity prices. This is fact. Look at England, Germany, California, etc., prices have skyrocketed because of renewables. This naturalistic fallacy of wanting to return to mother nature is deluded. Earth works in service of us, not other way around.

Many people are thinking differently about fossil fuels The combination of a global crisis caused by anti-FF policies and the rise of humanistic arguments for FFs is rapidly changing perception and short-term policy. And there is potential for long-term policy change.

Anti-fossil-fuel policies are causing a global crisis Restrictions on FF investment, production, and transport have artificially restricted supply, while promises that demand would be replaced by alternatives have proved false. And much of the voting public knows this.

The world desperately needs more energy. Billions of people lack the cost-effective energy they need to flourish. 3B use less electricity than a typical American refrigerator. 1/3 of the world uses wood/dung for heating/cooking. *Much more* energy is needed.

Recent price spikes in fossil fuels do not reflect some new lack of cost-effectiveness on the part of FFs, but rather the devastating effects of 'green energy' efforts to artificially restrict the supply of FFs on the false promise that unreliable solar/wind can replace them.

Solar/wind, the politically favored alternative, has intractable problems with cost (unreliability requires costly infrastructure duplication), versatility (only electricity) and scalability (depends on 'reliables' and diluteness causes unprecedented material needs).

Does that mean more coal & gas for base load power and start getting nuclear happening? Cause then he'd be right.

Caused by the god damn libs

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