THIS should NOT be happening........

Again ther eseems to be some sort of blackout of infromation regarding RETs with the posters on this forum.

My understanding is that the RET target was 20% of electricity generation.

The price of electricty was dragged up and surprise demand went down, primarily because lots of manufacturing closed down or moved overseas .
Because of the carbon tax and the great profit opportunities from RECs the target has been exceeded, greatly increasing the cost of electricity.

What on earth is wrong with reducing the subsidies to reflect the original target or do you think renewables should be subsidesed with no limit?

Even the Greens and Labor agreed with the original target of 20% as they set it.

By agitating for ever increasing RETs you are also supporting the associated increased costs on the most disadvantaged in the community and the further destruction of Australian manufacturing.

So maybe the supporters of ever increasing RETs will volutarily help the poor old lady pensioner who cannot afford to use a heater in winter.

Regards Philip A

Quote:

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Originally Posted by PhilipA

Oh come on people.
You do realise that RETs are a massive SUBSIDY don't you.
Nothing to do with business, which generally has this thing called profit without subsidies.
The height of absurdity was broadcast as some sort of fact yesterday, when the greens claimed that cutting the RET would somehow increase electricity prices by using heroic assumption like the subsidy for wind would magically reduce from 70% to 10% in a few years..
Come on pull the other one.
Regards Philip A

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So the subsides to the polluters are OK?

Mining industry receives billions of dollars in state subsidies: report

The madness of WA’s multi-billion fossil fuel energy disaster

Hope I got that right.
"Never mind the politics, let's just think about what's good for the country and the planet.
In my opinion, its certainly good to reduce emissions. Its also certainly good to invest in renewable energy. Everyone else is doing it because its the smart thing to do and we're going to be left behind like a bunch of moth-eaten shags on a rock.
Its also bad business to turn your backs on the future business opportunities, and to undermine some 20,000 renewable energy jobs which already exist in Australia, and concentrate on a shrinking business.
We need to think more than five years ahead for a change."

Now ALL THIS IS MY OPINION! :eek:

They, (not us) are locking up the country so we can't drive on it.
They, are allowing 'fracking' to destroy farm land and water systems.
They, are of either and/or both political persuasions, I'm sure if they were even 'green' and there was seen to be a political need 'THEY' would be the same. IMHO.

Mike :censored:

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Originally Posted by PAT303

Olbod,if the previous lot didn't give money away willy nilly trying to buy votes we most probably would not be in this situation,the ''other way'' leader is a lacky to the union movement so how is sending us back there going to help.In my opinion :p Pat

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Mate, in me dotage I dont give a hoot about any of their policies except only the ones that effect ME and my life personally.
Deleting some of the others unpopular policies wont make up for what the new ideas will cost me, I think.
To quote Ron : As long as it doesn't affect my pension, I dont care.

Selfish but honest ?
Perhaps.

PS: to the above.
I have been here done that.
I no longer want to be involved.
Just go my own way and at least put one good feed a day on my table.
As well as afford to get around in Me Disco and pay for the internet to be part of this Forum.

Quote:

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So the subsides to the polluters are OK?

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Chucaro I sometimes think you just do this to troll.

Have you looked up the Australia Institute?

The Australia Institute

It is loaded with Greens and the Board has absolutely no business experience.
It is a Labor/Greens front.
How you can actually believe anything they "report" I do not know.

I think I believe the Productivity Commission more .
Regards Philip A

who are the "productivity commission" and what colour guernsey do they wear?

Home - Australian Productivity Commission

They are really the architects of Australia's success ove rthe last 20-30 years.
Their recommendations to cut subsidies to all sectors of the Australian economy set the basis of our great growth , from a subsidised economy rife with marketing boards and restrictive practices to a free market economy.
Regards Philip A

Quote:

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Originally Posted by olbod

Mate, in me dotage I dont give a hoot about any of their policies except only the ones that effect ME and my life personally.
Deleting some of the others unpopular policies wont make up for what the new ideas will cost me, I think.
To quote Ron : As long as it doesn't affect my pension, I dont care.

Selfish but honest ?
Perhaps.

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Be honest olbod,I like people who say what they think,too many yes men in this world I think. Pat

Quote:

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Originally Posted by DiscoMick

Never mind the politics, let's just think about what's good for the country and the planet.
In my opinion, its certainly good to reduce emissions. Its also certainly good to invest in renewable energy. Everyone else is doing it because its the smart thing to do and we're going to be left behind like a bunch of moth-eaten shags on a rock.
Its also bad business to turn your backs on the future business opportunities, and to undermine some 20,000 renewable energy jobs which already exist in Australia, and concentrate on a shrinking business.
We need to think more than five years ahead for a change.

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And what difference would it make,China,India etc pump out more pollutants in a day than we pump out all year so what would we achieve?. Pat