I work in the energy sector in Australia. We could build enough, but there’s two issues:
1) not enough public infrastructure investment happening, which is largely a result of decades of Federal level policy mismanagement, (selling our power infrastructure off, deregulation of energy supply, allowing policy to be written by energy company lobbyists) and to the complete and utter ideological polarisation & politicisation of a very real, and very rooted in the physical sciences issue…
2) Our energy / electricity markets are ‘regulated’ and rule changes that would substantially affect private industry investment take far too long to come into effect. As a result, many of the much needed private investment, is sitting back waiting to see their cost of doing business increase to drive action, or is actively engaging in rent-seeking.
Our transmission and distribution networks are in disarray, no new public generation infrastructure being built, other than Snowy 2.0 (which is over budget, delayed and forcing the state government to introduce new taxes to foot the bill) our regulatory landscape is a joke, and if we are expecting the market to drive demand side solutions, then all we can conclude is that the market has failed.
Any goal is possible, including this one, but the reason we are unlikely to get there is, Australia is a slow thinking, and even slower acting nation, with an insipid, selfish, values-less population, who actively decide to be governed by idiots. And really, the vast majority of Australians don’t give a 💩 about the future, or global warming, or really anything or anyone but themselves.
1 comment
I work in the energy sector in Australia. We could build enough, but there’s two issues:
1) not enough public infrastructure investment happening, which is largely a result of decades of Federal level policy mismanagement, (selling our power infrastructure off, deregulation of energy supply, allowing policy to be written by energy company lobbyists) and to the complete and utter ideological polarisation & politicisation of a very real, and very rooted in the physical sciences issue…
2) Our energy / electricity markets are ‘regulated’ and rule changes that would substantially affect private industry investment take far too long to come into effect. As a result, many of the much needed private investment, is sitting back waiting to see their cost of doing business increase to drive action, or is actively engaging in rent-seeking.
Our transmission and distribution networks are in disarray, no new public generation infrastructure being built, other than Snowy 2.0 (which is over budget, delayed and forcing the state government to introduce new taxes to foot the bill) our regulatory landscape is a joke, and if we are expecting the market to drive demand side solutions, then all we can conclude is that the market has failed.
Any goal is possible, including this one, but the reason we are unlikely to get there is, Australia is a slow thinking, and even slower acting nation, with an insipid, selfish, values-less population, who actively decide to be governed by idiots. And really, the vast majority of Australians don’t give a 💩 about the future, or global warming, or really anything or anyone but themselves.