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Yesterday, Dr Alan Moran released a report I commissioned on the cost of climate policies and renewable subsidies have on Australians. Today I asked questions to Senator Birmingham representing the Minister for Energy.

Questions

I commissioned the highly respected economist Dr Alan Moran to review government economic and energy data and to calculate the true cost of climate policies and so-called renewable energy sources. He delivered his report to me last week and a copy has been sent to every member of federal parliament including Senator Birmingham and the Minister for Energy.

Dr Moran’s work cannot be sensibly refuted since he uses the government’s own data that used to be published in a consolidated form until the cost of intermittent solar and wind energy sources became so embarrassingly and devastatingly high. Is the Minister aware that the true cost of climate policies on household through electricity prices is a staggering $1,300 per year?

First Supplementary Question:

Is the Minister aware that the true cost of so-called climate policies and renewable energy on household electricity bills is not the reported 6.5%, but a whopping and devastating 39%.

Second Supplementary Question:

On average your government incentivises $8 billion of malinvestment in green energy projects which results in a net loss of jobs in the economy; analysis based on Spain’s experience indicates with every green subsidised job created, 2.2 jobs are lost. With over 1 million Australians losing their job and the unemployment numbers rising due to COVID19, shouldn’t the government be incentivising job creating rather than job losses.

Climate policies costing every household $1300 annually On Outsiders this morning, Dr Alan Moran release a report I commissioned which analysed the financial impact of climate policies and renewable subsidies on Australian households.

The report, ‘The Hidden Cost of Renewables on Electricity Prices’ uncovers blatant distortions and key facts that are excluded from reporting on the costs of climate policies. Here are the secrets the government has been hiding from you

  • Climate policies account for 39% of your electricity bills not 6.5% as reported.
  • Climate policies are costing you $13 billion a year through higher electricity prices
  • Renewable subsidies and policies cause a net loss of jobs in the economy, as every subsidised “green” job created, 2.2 jobs are lost elsewhere in the economy.

Read the report:

Press Release:

Australia’s excessively high electricity prices are undermining our economic resilience and competitiveness and cutting our standards of living. Since 2002 Australian governments, in a misguided quest to reduce carbon dioxide, have introduced climate policies at the expense of cheap coal and gas power. Our electricity prices, once the lowest in the world, have become one of the most expensive.

This report, commissioned by Senator Malcolm Roberts, undertakes a comprehensive analysis of climate policies and renewable energy subsidies. Australians will be shocked to know the true financial burden of these policies on households and industry. These hidden costs drive up all costs of living, including electricity, food, water and transport.

In summary, the report states the financial impact of climate policies and renewable subsidies:

  • costs households at least $13 billion annually, or around $1300 per household;
  • accounts for 39% of household electricity bills, not 6.5% the Government typically quotes;
  • causes a net loss of jobs in the economy; with every green subsidised job created, 2.2 jobs are lost.

The full report can by downloaded by clicking the button below:

View online:

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