Are renewables actually going to be cheaper? Senate Estimates - 10.11.22

In estimates I asked the CSIRO if they had a roadmap as to how the government planned to reach its 43% reduction in CO2 emissions by 2030.

Needless to say they passed the buck onto AEMO, the Australian Energy Market Operator that is a joint venture between the private sector, state and federal government. Trying to get anything done when those three bodies have to work together will be a nightmare.

With only 7 years to go it’s fair to say the authorities in the energy market have no idea how to get to 43%, despite the Federal government passing legislation that said they would.

Let’s just hope our energy grid doesn’t collapse in the pursuit of this fairytale. Not to mention our economy which cannot sustain the current high energy prices.