Renewable energy politics, economics prove incompatible
We’re told South Australia was powered entirely by renewables for seven hours on one particular day. What about the other 17 hours?
We’re told South Australia was powered entirely by renewables for seven hours on one particular day. What about the other 17 hours?
The assumptions and organised bias in the CSIRO’s cost of generating electricity report render it absolutely useless – and the task should never have been left to scientists.
Clamping down on the number of international students will require courage against a likely avalanche of self-interested resistance. It remains to be seen whether it can be done.
There are many reasons to be fearful of the Albanese government’s plans for the future. Analysis points to its high-stakes industrial game.
The likelihood is that Labor’s gas strategy will go nowhere and a few years down the track, as we face even higher electricity prices, rolling blackouts, people will be asking how this has been allowed to happen. Just don’t blame Madeleine King.
Sensible economists know these sorts of measures are stimulatory; they simply push price pressures into the future, when subsidies are finally removed. But Jim Chalmers is hoping that the laws of economics don’t apply to him.
The sad reality is that Victoria has now very little going for it, apart from rapid population growth spurred by excessive international migration. It’s a masterclass in mismanagement.
The real issue at the budget is whether the permanent migration numbers actually matter that much when compared with the inflow of temporary migrants on uncapped visas.
The budget should not be making any additional demands on the economy; indeed, it should be withdrawing any stimulus.
The special GST deal for Western Australia is often singled out by economists as the worst public policy mistake of the century. But it’s got nothing on the NDIS.
Original URL: https://www.theaustralian.com.au/author/judith-sloan/page/10