Taxpayers to subsidise fossil fuels after governments renewables shambles 04/05/2021|7min
Having made dispatchable power unviable by subsidising renewables, federal and state governments are now getting the taxpayer to subsidise fossil fuels because power is at risk of running out, according to Sky News host Chris Kenny. New South Wales is getting a new gas-powered electricity generator, Mr Kenny said. On one hand this is good news; we need reliable dispatchable power, and sadly the renewables push has forced thousands of megawatts of reliable coal-fired power to close in recent years, in South Australia, Victoria, and New South Wales. But there s also an $83 million bill for taxpayers going into to this thing; you will be subsidising this power station.