THE rapid expansion of wind and solar "green power" will waste billions of dollars and destroy far more jobs than it supposedly creates.
That is the damning message from what appears to be the first serious analysis anywhere in the world of the actual real-world performance and impact of subsidising and force-feeding these very expensive and semi-useless alternative energy sources.
That in itself is damning. That governments, including both state and federal in Australia, have embarked on massive multibillion-dollar wind and solar schemes, without anywhere engaging in even the most basic analysis of cost – let alone (perish the thought) their actual energy effectiveness – is worse.
You can search in vain for any serious cost-benefit analysis from our utterly compromised Federal Treasury, which used to be a bastion of reason and intellectual substance, but is now an institutional apostle of climate hysteria. Read more.