Peta Credlin exposes the radical plans of Australian politicos in her Spectator video ‘Insanity’: Cost of net-zero energy policies becoming clearer.

For those prefering to read the commentary, below is a transcript from the closed captions in italics with my bolds and added images.

In the Sunday papers I highlighted the growing Insanity of closing down coal-fired power stations when there’s no reliable alternative supply. And the fact that the Albanese government is planning to bring the same emissions obsession that’s given us some of the world’s highest power prices to other sectors of the economy.

Like housing, like farming meaning the food on your table, and like transport. It is a real worry these so-called sectoral plans, emission specific plans for each industry sector. Well they’re now being drawn up by the Climate Change Authority as part of the government’s ambition to announce yet more emissions reductions for 2035 on top of the 43 % they’ve already legislated for 2030.

So that means:

♦  smaller herds and higher meat prices;
♦  bans on gas cooktops and heaters;
♦  forcing people to swap to expensive electric cars or use only public transport.

And the cost of these policies is finally becoming clearer. Ten days ago a group of experts Net Zero Australia have estimated the cost of getting to a 43 % reduction by 2030, as I said already legislated, will cost us 1.5 trillion dollars, that’s trillion with a t, not billion. These are experts from Melbourne, Queensland University and Princeton in the US. Now 1.5 trillion dollars is two-thirds of our annual GDP and this report says we need to find that in order to achieve these legislated targets due in just seven years time.

And that’s assuming that it’s actually feasible to build all the renewable energy required and all those extra transmission lines to get this decentralized intermittent power around to where we need it.  Now forget for a moment that Labor’s 83 % renewable energy target makes scant provision for Backup,  backup for when the wind doesn’t blow and of course the sun doesn’t shine. But we still need power 24/7.

Not only is this climate Crusade ruinously expensive,
but it’s also going to be Mission Impossible.

Australians might be broadly in favor of cutting emissions to do something about climate change, but it’s far from clear that we’re ready to pay all the extra costs. And it’s certain that more and more people are unhappy about what this means for them in practice.

We need somewhere between 10 to 28 000 kilometers of these new transmission lines. Towers some of them up to 80 meters tall, as high as the pylons on the Sydney Harbor Bridge. All built through national park lands or across prime agricultural land for Labor’s green dream to work. And as you’ll hear a little later on the show, Australian Farmers well you’re on the carpet despite some of the bribes being offered up to two hundred thousand dollars per kilometer for individual land holders.

Now that’s one of the reasons why the Hume link, just one of these new transmission lines is way behind schedule and already three billion dollars over budget. But without these new transmission lines, Hume Link in particular, well Snowy 2.0 is already years behind schedule and billions over budget. it just won’t work

I’ve been saying this for years, and you’ve been saying it as well: This is energy Madness. Why on Earth are we spending billions and billions of dollars in borrowed money just to take us back to the Dark Ages. It beggers belief.