Australian State Has Its Damascus Moment on Net Zero

Australian State Has Its Damascus Moment on Net Zero
IKEA phases out incandescent light bulbs. Energy-saving light bulbs (C and L) next to an incandescent one (R). Frederick Florin/AFP/Getty Images
Eric Abetz
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Commentary

What is it about the relentless pursuit of so-called renewable energy by our leaders that they overlook the need to provide affordable and reliable electricity supply to Australians?

Especially at a time when the cost of living is front of mind.

In a first-world country blessed with huge energy resources, the unreliability and cost of energy is a national scandal.

Even if one accepts the need to “transition” from fossil fuels to other forms of energy there is the foundational requirement to keep the lights on and our factories and farms producing at an affordable price.

Time and again warnings have been provided that inherent in the word “transitioning” is the imperative that energy supply and affordability need to be maintained.

Those who have correctly sounded those warnings of commonsense have been decried as “deniers” and economic vandals along with all sorts of other descriptors to avoid the discussion.

In that scenario leaders of all stripes have virtue signalled how quickly they can decommission coal-fired power stations and set zero emission targets.

Decommissioning and net zero targets can be achieved overnight by simply turning off all the power stations.

But the hugely more difficult task, with its accompanying cost factors, is the provision of alternate, affordable, and reliable energy.

An unwelcome reminder of this monumental task is the concern around the slated closure of the Eraring power station in New South Wales in 2025.

Eraring coal-fired power station, the largest in Australia, on the shores of Lake Macquarie southeast of Newcastle in New South Wales, Australia. (Nick Pitsas/CSIRO)
Eraring coal-fired power station, the largest in Australia, on the shores of Lake Macquarie southeast of Newcastle in New South Wales, Australia. Nick Pitsas/CSIRO

The newly elected Labor Minns government commissioned a report to provide a handy excuse to try and slow down the currently manic net zero transition.

Why a report was needed is obvious. It was to cover the government’s proverbial backside from being kicked by the citizens who feel betrayed by the hype and propaganda associated with “transitioning.”

In a completely unsurprising finding the recommendation has been made to extend the life of Eraring.

Apart from that there was also the “groundbreaking” insightful suggestion that a mechanism to orderly manage the retirement of coal-fired power stations be established.

Who would have thought it necessary? Order. Management. These two previously quite foreign concepts to the renewable energy pushers and political leadership have finally mugged them and not before time.

The Eraring inquiry suggested that negotiations be entered into with the owners of the power station to prolong its life to prevent reliability gaps and guarantee no adverse price impact.

That such an inquiry was at all necessary is a complete exposure of the manic nature of the irresponsible renewable push.

Where was the leadership willing to state the bleeding obvious—we need reliability and affordability in any transition.

The false narratives are being slowly but relentlessly exposed as the predictable chickens called reliability and affordability are coming home to roost.

All this is happening at a time when speculation is rife that the Australian Energy Market Operator will soon alert the unsuspecting public that all the promised essential infrastructure and up-grading of the grid to cope is falling way behind schedule.

The management debacle of the renewable energy transition is now being witnessed on a daily basis.

A debacle that could have been easily avoided by true and responsible leadership willing to level with their citizenry about timelines, capital costs, and power bills.

The owners of Eraring will undoubtedly rub their organisational hands in glee knowing that the commodity which they were being pressured to close is now all of a sudden in demand.

The shortfall cannot be made up from elsewhere so Eraring’s owner, Origin Energy, has some sway and negotiating cards with which to play.

The public is at the mercy of the provider.

This lack of foresight and deliberate denigrating of those providing the warnings by the leadership of our country is at best negligence writ large.

The fact similar stories flooding out of Europe were ignored to the detriment of Australia’s family budgets, jobs, and national well-being requires a national apology and for the responsible people to be brought to account.

The realistic fear for Australians is that Eraring will be one of many more cases to emerge over the next few years.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times.
Eric Abetz
Eric Abetz
Author
The Hon. Eric Abetz was an Australian Liberal Party senator from 1994-2022. He has held several cabinet positions and served on parliamentary committees examining Electoral Matters, Native Title, Legal and Constitutional Affairs, as well as Foreign Affairs, Defence and Trade.
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