Energy Crisis in Australia: Costs are 3 or 4 times higher than the US, manufacturing is at a ‘tippin

[rangerrebew]

Energy Crisis in Australia: Costs are 3 or 4 times higher than the US, manufacturing is at a ‘tipping point’


By Jo Nova

What’s left of Australian manufacturing
The CEO of Bluescope Steel is a fan of renewables, but for Mark Vassella to make steel, what he wants is cheap gas, not wind and solar power — and he’s getting desperate. These are strong words from a CEO of one our Big-50. “Manufacturing is at a ‘tipping point‘” he says. “Energy costs are now 3 to 4 times higher than the US”.  Furthermore,  “Without immediate intervention there will be no Future Made in Australia.” — He twists the knife, talking about the PM’s pet project (the one where we somehow make solar and wind power here cheaper than the slaves do in China. )

He’s especially scathing of the idea that one of the biggest exporters of LNG in the world, now has to import it back.

“ In what world does exporting LNG in massive quantities only to re-import it to supply a shorter domestic market make any sense? It’s like importing sand into the Sahara.”

Vassella knows US and Australian energy prices all too well. Bluescope also own the North Star steel mill in Ohio and is looking to expand further in the US.

 https://joannenova.com.au/2025/08/energy-crisis-in-australia-costs-are-3-or-4-times-higher-than-the-us-manufacturing-is-at-a-tipping-point/?utm_source=rss&utm_medium=rss&utm_campaign=energy-crisis-in-australia-costs-are-3-or-4-times-higher-than-the-us-manufacturing-is-at-a-tipping-point

[rangerrebew]

And they are supposed to be allies against China?  What happens when it costs too much to make weapons?

[catfish1957]

Sounds more like left wing enviro-whacko policies.


Refining technology has progressed nicely, and 3 or 4 well placed high volume  LNG fractionation plants could have more than covered the Aussie's energy needs.   Kind of hard to provide sympathy, when the misfortune is self inflicted.