Renewable Power Australia – Victoria Promises To Make Electricity More Expensive

PA Pundits - International

Bolt New 01By Andrew Bolt ~

In Australia, the State of Victoria’s new Socialist Left Labor Party Government has a cunning plan to make power prices higher in a state where manufacturing business are struggling:RenewablePower

Victoria wants to go its own way and set a state-based Renewable Energy Target.

Victorian Energy Minister Lily D’Ambrosio said a state-based RET would lead to greater investment and more jobs in places like Ballarat, Ararat, Warrnambool and Port Fairy.

That’s one way of putting it. The other way is to say the Government will force consumers to use more expensive green power, transferring money from consumers to green carpetbaggers, giving them a profit they would never get in the open market. This is propping up uncompetitive businesses at the potential cost of closing others.

And for what? It is simply staggering that a government would inflict this damage when this green power would in fact make…

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