Gillard continues to waste our money

How to make electricity eight times more expensive

Alan Moran explains how the government is able to convert a $300m sow’s ear that would produce electricity for a cost that is eightfold its value into a silk purse by waving a magic wand four times. By doing this, it is happy to destabilise the commerciality of the electricity supply industry.

He explains that this squandering of taxpayer resources serves to illustrate just how inured we have all become to misused government spending. Looking at the ABC’s reporting of this waste, you would conclude, like most other ABC reports on renewable energy, that it was all good news and positive benefit.


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