Wednesday, 30 April 2014

Government futility/stupidity

©Steve Hunter. Source: Andy's Rant
The Australian government recently released an issues paper for the review of the renewable energy target. 

What everyone engaged in this debate should recognise is that policies such as the carbon tax and the RET have contributed to household electricity costs rising 110 per cent in the past five years, hitting the poor the hardest.

Bjorn Lomberg writes in the Australian:
Solar and wind power was subsidised by $65 billion in 2012. And because the total climate benefit was a paltry $1.5bn, the subsidies essentially wasted $63.5bn. Biofuels were subsidised by another $20bn, with ­essentially no climate benefit. All of that money could have been spent on healthcare, education, better roads or lower taxes.
Case Smit, co-founder of the Galileo Movement, has sent the following letter to his local member, Warren Truss, and to various newspapers. He recommends that we all do the same.

Dear Editor,

Surely it defies all logic for the Government to be spending billions of taxpayers’ dollars to reduce our relatively minuscule CO2 emissions when it is encouraging the export of coal, and we know for a fact that China, India, Japan, Germany and even the USA are increasing their emissions. Coal is needed to give developing countries the cheap energy they need to raise their standard of living, but they burn it and put CO2 into the earth’s atmosphere; why should we damage our economy and go without when our action is obviously futile?  Our Government must think that we, the taxpayers, are incapable of seeing the stupidity of their action. Mark Twain is quoted as saying: "Sometimes I wonder whether the world is being run by smart people who are putting us on, or by imbeciles who really mean it" and I wonder about Australia. 

Case Smit

The Government is looking for savings. Drop the subsidies on useless renewables and they have an immediate $65 biilion added to their bottom line. Are they smart people who are putting us on, or by imbeciles who really mean it?