Government’s Net-Zero Push Threatens Economy

The government wants to drive us off a cliff as we speed towards Net-Zero dictates from the un-elected United Nations and World Economic Forum.

None of it is based on proper data and all the evidence we have is that it will destroy our energy grid and our economy.

With inflation re-emerging, we have to put a stop to the billions being poured into climate policy making Australians pay more.

Transcript

Every time you see a wind turbine or an industrial solar complex, think one thing: your energy prices are going to increase. That’s what those things mean. We’ve been promised that energy prices will decrease, but wind turbines and industrial solar complexes mean higher prices for people, for families, for small businesses, for larger corporations and employers, for the whole community. And they mean trillions of dollars in waste in our economy. In every country around the world, as the percentage of solar and wind has increased, the cost of electricity has increased. That’s a fact—everywhere, consistent. And now, after nearly 30 years of pushing solar and wind, which started with John Howard’s renewable energy target, we see the ridiculous situation of the Labor government offering energy price relief. Why? Because they’re driving up the cost of energy to make it unaffordable; that’s why. So let’s have a look at why. Let’s see why killing the environment in the name of supposedly saving it is costing us so much. Let’s turn to the terms of the motion for an inquiry. So many people want us to have an inquiry, not just rural people but urban people, because they’re worried about the cost. This is what the inquiry is looking into: 

… the importance of ensuring that the National Electricity Grid has the capacity to provide a reliable and secure supply of energy to Australians as the economy transitions to new and more dispersed— 

and we’ll talk about that— 

methods of generations and storage, and acknowledging that transition will necessarily transgress on agricultural, Indigenous and environmental lands and marine environments … 

The environment and our productive capacity are suffering. 

I’ll cover some key concerns that are key to the inquiry because the uniparty has not thought about this—from when John Howard, the Liberal Prime Minister, started the renewable energy target to this ridiculous situation we’re in now. By the way, John Howard started that and did three other things, which we might have time to discuss, that laid the foundation for the crippling of our energy supply in this country. Six years after he was booted from office, he admitted that, on the matter of climate science, he is agnostic. He didn’t have the science. This whole thing is based not on science; it’s based on contradictions of science. 

Let’s start with solar and wind. The amount of steel needed per megawatt of electricity from a coal-fired power station is 35 tons. For wind turbines it’s 542 tons of steel. That’s 15 times as much. Straightaway, wind is suffering a cost penalty. It’s a huge cost burden. Then, when you look at the energy density of coal, it’s very high. It’s not as high as uranium, but it’s very high. For solar and wind, it’s very low. 

Secondly I see the government throwing barbs at the coalition, and well it should over aspects of its nuclear policy, but the government is accusing the opposition of uncosted policy. Where are your costs, government? Where are your costs on solar and wind? Where are your costs on solar and wind, Greens? We even see some solar and wind complexes, massive complexes in the Kennedy electorate in Queensland and in western Victoria, not connected to the grid. They have been built but not connected. That’s how much thought has gone into this. It’s bloody ridiculous. 

Solar and wind have an inherently high capital cost plus a low energy density, which means low energy production and very high cost per unit of electricity. Plus the amount of land needed for solar and wind is enormous. And then we see that the average capacity utilisation of solar and wind is 23 per cent. That’s less than a quarter of what the nameplate capacity is. Now we see the latest figures just released on wind, which show that it’s 21 per cent. That’s one-fifth of the capacity. What does that tell you? For a given capacity of a coal-fired power station, you’ll need a certain capacity of solar and wind. Multiply that by four, because you’re getting less than 25 per cent. Multiply it by five in the case of wind. Five times makes it prohibitive. Four times makes it prohibitive. Then think about this: at peak hour, when we need maximum electricity, the average utilisation and the average capacity is 10 per cent, which means that, to get the equivalent of that coal-fired power station, we need 10 times the solar and wind capacity—10 times. Then, for sizeable periods, we have the sun not shining brightly because of clouds or we have the wind drought. That means we need a further multiplication to make sure we can store up enough in energy and batteries. But the batteries to store that amount of wind and solar energy have never been thought of, never been considered and never been developed. It’s impossible. The cost if we don’t have them will be blackouts and outages in hospitals, businesses and family homes. 

Plus there are the transmission costs. Transmission costs, many years ago, used to be 49 per cent of the cost of the electricity bill. I don’t know what it is now, but it’s certainly substantial. Solar and wind have to be located a long way from the major metropolitan areas, which means straightaway that transmission costs are even higher than for a coal-fired power station, which can be located close to the metropolitan areas. Then, because of the dispersed nature of solar and wind, we have even more transmission lines. Then, because of the capacity factor that I just mentioned, we have even more transmission lines. This makes it prohibitive, not just in terms of the installation of solar and wind but also in terms of transmission lines. Plus, the transmission lines will barely be used because of the capacity of solar and wind not being utilised. And then we have the 15-to 20-year life, at best—12 to 15 years more likely—of solar and wind industrial complexes. That means that over the life of a coal-fired power station or a nuclear power station, they have to be replaced four times, so multiply the cost again by four. What have we multiplied it by so far? We’ve multiplied the cost by five, then by 10 and now by another four. Yet the CSIRO considers not one piece of that puzzle—not one piece. They say that it’s all sunk cost; just ignore it. 

That’s why solar and wind can compete. And they still need subsidies. Then you’ve got to add batteries and pumped hydro. Pumped hydro itself is an admission of failure. You cannot have pumped hydro without a disparity between peak hour prices and off-peak prices, and that’s due to the failure of the grid and solar and wind. And then we need firming, another cost, because coal, nuclear and hydro are stable, synchronous power supplies. Solar and wind are asynchronous—unstable—so they need firming. And they need backup gas or backup coal because solar and wind are unreliable. There’s a doubling. Look at the multiplication that we have got there. 

None of this is included in the GenCost report from the CSIRO. It assumes no transmission cost because they’ve already been built. That’s rubbish. We need far more new transmission lines. We have an inherently higher cost from solar and wind, plus low capacity, plus regional, plus dispersal, plus backup, plus stabilisation. Think about this: for a business, you need a stable, reliable, low-variation input. When variation occurs, it costs enormous amounts of money. At industrial and manufacturing plants, farmers are using backup, so they have to pay twice for their electricity. We also have a huge footprint in terms of land. Solar complexes and wind turbines use far more land and are far more scattered than a concentrated coal-fired power station or a nuclear power station. They’re taking up huge quantities of resources. The resource footprint of solar and wind is enormous.  

We have agricultural land being sterilised. We have poisons and toxins potentially going into the Brisbane water supply, into their drinking water—lead, cadmium—which feeds Brisbane, Beaudesert, Gold Coast, potentially Toowoomba, Ipswich, Logan and other areas in the south-east of Queensland. We also have the future cost yet to be added—Snowy 2.0.  By the way, when they first did the costings of Snowy 2.0, thanks to Malcolm Turnbull’s prime ministership and poor leadership, they forgot about the transmission lines. They forgot to add the transmission lines. Whoops! We better add a few more billion to that. Now look at it. It was originally slated for $2 billion. We could see this, and I’m not an energy expert. We could see it when Malcolm Turnbull first released it. We told them, and no-one took any notice. Now they’re putting in all these additional costs, and Snowy 2.0 is heading for $14 billion and perhaps $20 billion—if it moves! This is not about having an alternative energy supply; it’s about less energy and control of energy. 

We also have Mr Albanese and Mr Bowen, ‘Blackout Bowen’, talking about us being a renewable superpower. It means economic and environmental suicide, resource sterilisation, and displacement of Indigenous. No costings—a huge catastrophe! We’re talking about billions of dollars and impacts worth trillions of dollars. We must have this inquiry. They’re building in a high-cost overhead and a huge environmental legacy. When some of those farmers who are looking at the money now—some aren’t selling out, but some are selling out because of the money coming in—think about the environmental legacy. No bonds. The energy company owning the wind turbines and the solar complexes can just walk off and leave it. There’s no requirement to fix it. Farmers will pay for that. They’re already paying in many cases, as are rural towns, with the slow thrum, thrum, thrum of infrasound, which is proven harmful to humans. So they’re killing the environment to save it. We’re seeing human progress being reversed. 

The No. 1 message from the last 170 years since the industrial revolution started was that we have a higher standard of living and all the benefits that brings because of a relentless reduction in energy prices. What we’ve seen since John Howard come to power is a reversal of that. As energy prices increase, productivity falls, wealth falls and prosperity falls. We see a reversal of human progress. So what if we spend billions on solar and wind, what if it costs our economy trillions of dollars—and it will—and what if China does not? What happens then? Now do you get what’s going on? Now do you see it? 

I want to turn to two other points. As I said, John Howard introduced all the problems we’re seeing now: the Renewable Energy Target; the stealing of farmers’ property rights to comply with the UN Kyoto protocol; and the National Electricity Market, which is really a national electricity racket. He also introduced an emissions trading scheme as policy—not as fact, but as policy. That’s a carbon tax. He was the first major leader of a major party to have that. The CSIRO has never provided any empirical scientific data and logical scientific points that prove the need to cut carbon dioxide from human activity. The CSIRO admitted that to me when I held them accountable, and they gave me three presentations, each 2½ hours long. In the first presentation they admitted that they had never given the advice and had never said that carbon dioxide from human activity is a danger and needs to be cut. In the second presentation they gave me, they admitted that today’s temperatures are not unprecedented; they’ve happened before—many, many times. In fact, the scientific term for periods of high temperature is ‘climate optimum’, because they’re beneficial for humanity, for civilisation and for the environment. The temperatures are not unprecedented. 

The second point is that I’ve asked many government departments in this federal government for their basis of policy. To have a basis of policy you need to have the impact of carbon dioxide from human activity on some climate factor. No-one has given us that. We have amassed 24,000 datasets on climate and energy from around the world, from legally scraped websites and research institutions like the CSIRO and the Bureau of Meteorology, and we’ve never found any change in any climate factors at all, so there’s no basis for policy. You need that quantitative impact of carbon dioxide from human activity on a climate factor so that you can then study the alternatives, if you want to get rid of the carbon dioxide production. You’ve got to have that to track progress, but there’s none of that. There’s no basis for policy. We are flying blind. We’re heading for a cliff. 

Then we see there’s no environmental impact statement for the use of solar and wind—none at all. What impact is the energy we’re taking out of the wind going to have on our climate? What impact is it going to have on the natural environment? Yet they say that 0.03 per cent of the carbon dioxide is coming from humans, and 1.2 per cent of that from Australians. No impact quantified—the absurdity is enormous. And who will pay for all this mess? We, the people. You are foisting this on the people. We need an inquiry now. (Time expired)