What will happen next, and how can policymakers keep their eye on environmental sustainability in the face of this market turmoil?
The ideal solution would be a global carbon price . In the US, however, the inflation-panicked Biden administration is seriously considering going in the opposite direction, and has called on Congress to suspend the federal gasoline tax – $US0.18 a gallon – for three months. As with all kinds of innovation and investment, strong growth in green energy requires decades of consistent, stable policies to help de-risk the massive long-term capital commitments that are needed. And until alternative energy sources can start to substitute more fully for fossil fuels, it is unrealistic to think that rich-country voters will re-elect leaders who allow energy costs to blow up overnight.
Source: Energy Industry News (energyindustrynews.net)
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Nuclear power should be the transitional step to full green energy
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Desperate consumers vent their fury at failing National Energy MarketConfidence among consumers in Australia's energy system is collapsing as the crisis engulfing the east coast market takes a toll on users. Yeah Albo, you’ve had the top job for 6 weeks. Why ain’t you fixed it? 😂 Do we go nuclear? Or just accept the increase and build more wind turbines? Market fluctuations are part of business. Energy, goods, raw materials, labour prices….
Source: abcnews - 🏆 5. / 83 Read more »
Australia's energy transformation is ramping up, but there are major challenges aheadThe Labor government has a plan to increase the share of renewable energy in the grid to 82 per cent by 2030, but many experts and investors say reaching that will not be possible without a major upgrade of the poles and wires that transport that power around the grid. Start planning your escape to South America, climate cultists. Accountability will not be denied Stop spewing this crap 💩 on us 🤦🏻♂️ DefundTheABC🤬 Yeah, lack of reliable energy ABC.. We're not all dumb.🙄
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Clean energy plan leaves too much gas in the tankThe Victorian government’s long-awaited “gas substitution road map” was quietly released over the weekend. But for a government that talks big on climate, Victorians will be left to scratch their heads and ask – where is the big vision for a gas-free Victoria? Somewhere down in the caves where we will be living. No understanding is a vision? Right? Ohhhh thems tommorows problems.. Its quite funny now that if danni's gang, didn't force the closures of these huge generators, but also developed a plan to coexist the reform with new base load generators then this crisis is theirs
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QIC’s Pacific Energy adds hydrogen to ‘kitbag’The takeover of ENGV will make Pacific Energy the region’s exclusive supplier of electrolysers from the world’s biggest manufacturer, Norway’s Nel ASA.
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The sunny NT could be a renewable energy powerhouse. So why is it facing future blackout risks?The NT power sector watchdog has warned of serious hurdles as an ageing power system transitions to a solar-powered, renewable future. So, are more power outages ahead? Because renewables are garbage . Because the realities of wind & solar in 2022 don’t match the fantasies of the idealists. There are multiple green power projects ready to go. Hooked up. Waiting for a bit of paper to turn on the switch. Someone is being GREASED
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