Suddenly Australia needs $1.5 Trillion dollars on Energy “Moonshot” quest for global weather control
Temples to wind towers
By Jo Nova
Now they tell us:
…big spending on renewables needed, says report
Australia must find $1.5 trillion by the end of the decade to meet 2050 green targets in an effort experts say would need to mirror the reconstruction of Europe after World War II.
— By Nick Evans, The Australian
Until five minutes ago (or at least the last election), wind and solar power were the future — they were unstoppable because free energy paid for itself and was getting cheaper every year. (Cheaper than free!) Now, we’re out of the mists of the fairy garden, a few passengers on the top floor of the Carbon Bus can see the cliff coming. Suddenly we’ve gone from “it’ll save money” to needing $1,500 billion dollars or 1.5 million suitcases of a million dollars each, which is quite a lot in a land of 26 million people. It works out to be $57,000 each from every man, woman, pensioner and baby, and we need it in the next 7 years. So that’s a quarter of a million dollars from every family of four.
Nevermind about a house or a holiday, if we’re serious, we need to work weekends, and send the kids to the factory after school. What’s the award wage for ten year olds?
We’re going to do “a Moonshot” apparently. Shame no one mentioned that at the last election?
The new report came out last month from the expert committee we’d never heard of — Net Zero Australia.
The largest economic transformation in Australian history is among the final conclusions of the major expert study of Australia’s path to net zero carbon emissions, conducted by interdisciplinary teams from the University of Melbourne, The University of Queensland, Princeton University’s Andlinger Centre for Energy and Environment, and Nous Group.
Australia just needs to build 230 GW of renewable energy generation by 2035, and at the moment we’ve got 50GW “committed”:
https://joannenova.com.au/2023/08/suddenly-australia-needs-1-5-trillion-dollars-on-energy-moonshot-quest-for-global-weather-control/
