With subsidies reduced, "the much anticipated acceleration in the energy transition appears to have flatlined or faltered. As a result, the biggest names in solar and wind across the world are facing financial peril."
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@CJPomfret
Remove all subsidies. But fossils don't have any - in fact they pay specific taxes that govts'. depict as royalties - and these account for half the cost of brown coal
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@alan_john_moran
@MRobertsQLD
Here we go, get rid of ALL the trees and replace them with mirrors. Soon there'll be no oxygen left, then we won't need the mirrors.
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@alan_john_moran
@MRobertsQLD
One good hail storm and the whole lot will end up in landfill😂😂👍
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@alan_john_moran
Job done though prices now don't need subsidies so can let the market settle into steady share based on cost. Industry can consolidate a bit of course.
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@alan_john_moran
Have to keep the 'climate change industry' going along now the scare campaign is losing puff.......have you thought about a good ambassador say '
@alGore
'....oh sorry forgot, he was exposed as being full of shit..just like the 'climate emergency' industry!
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@alan_john_moran
@csfc67
Looks like a ponzi scheme,
Walks like a ponzi scheme,
Quacks like a ponzi scheme.
Running out of suckers, just like a ponzi scheme.
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@alan_john_moran
@mark_perry309
It’s almost like you can’t subsidise high initial cost sporadic power generated when you need it least for an infinite amount of time. Especially when you have essentially stopped investment in cheap 24 hour base load generation. Who knew?
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@alan_john_moran
Hooray people have woken up that spending trillions on Renewables has been a complete waste of time and money it has not lowered CO2 in fact it has increased the levels of CO2.
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@alan_john_moran
Without subsidies they would not exist.On a true cost analysis they would fail. A great sales job for Chinese manufactures.
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@alan_john_moran
Their gravy train has hit the buffers. Masquerading as a credible reliable energy source means they will get found out eventually.
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@alan_john_moran
Any business that depends on govt subsidies, based on activist based policy, is going to fail. That's about 100% certain.
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@alan_john_moran
@pleaseuseaussie
If the product can’t stand on its own merits, it doesn’t deserve subsidies. Investment into reliable, available and economic solutions is required yesterday. Unfortunately our politicians are unwilling to invest in real options!!
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@alan_john_moran
Bigger question to ask is - Can the World supply sustainable vegetation & food for 9 bn population, or 10 bn by 2050, w 350 ppm CO2. Bearing in mind 350 ppm requires big reduction in meat protein.
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