Hobbling the Competition
By Viv Forbes, Chairman,
That serial alarmist,
Professor Flannery, says “Solar and wind could be the cheapest form of power by
2030, if not earlier, as carbon prices (he means taxes) rise”.
That is like me saying that
I could beat Roger Federer at tennis as long as he is forced to use a cricket
bat instead of a tennis racquet. Or I could outrun Cathy Freeman as long as she
has her shoe laces tied together by race officials.
Demolition is easy. Any
industry can be destroyed by taxing it to death while subsidising its
competitors. So the Flannery Plan can be made to work as fast as he likes.
But cheap reliable
coal-fired electricity will not die alone. Consumers will suffer greatly, big
industrial users will migrate, asset values will be destroyed and real jobs
will disappear.
The Flannery Plan will
enrich green power speculators and foreign manufacturers, and create regiments
of paper jobs in the law, the bureaucracy and academia.
The global climate will be
unaffected.
he's a bloody genius
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