Why the public is not buying Coalition attack on wind and solar
What is it that the general public appears knows about renewables and electricity prices that much in the conservative side of politics, and the federal energy minister Josh Frydenberg, do not?
2017 has kicked off with another round of attacks on renewable energy targets, both state and federal. They display fundamental misunderstandings of renewable energy, its deployment capabilities, costs and impacts on electricity prices. The good news: the public isn’t buying it.
As working life, business and the public debate gets back into full swing after the holiday period, attacks on renewable energy and targets have, unfortunately, also resumed. The Australian, unsurprisingly, is leading the charge, and elected officials have added their voices to the unrelenting campaign of misinformation.
Most worryingly Energy and Environment Minister Josh Frydenberg is playing a prominent role. On Wednesday he penned an OpEd in the Australian Financial Review in which he got stuck into the Victorian and Queensland state governments’ RETs.
On Friday, The Australian gave him a platform to attack renewable energy by way of a rebuttal to the Labor opposition climate change spokesman Mark Butler’s arguments for a 50 per cent by 2030 RET.
While Frydenberg’s argumentation in today’s Australian specifically addresses the Labor 50% RET, it is riddled with direct attacks on renewable energy itself.
Frydenberg argues that RETs lead to higher power prices. To support this he says that power prices rose rapidly under Labor, that a 50% RET will drive out coal generation – implicitly increasing prices – and that it will require $48 billion in new investment in generation capacity.
The Energy Minister then cites AEMC findings that the RET will have “the highest cost of abatement,” that it does not encourage emissions reductions beyond renewable generation.
(RenewEconomy editor Giles Parkinson has already pointed out that the AEMC modelling actually shows the opposite, that the RET is actually a cheaper option, even given the AEMC modelling’s ridiculously expensive costing of wind and solar).
Despite this and other lines of argument, it appears that the Australian public is just not buying it. There continues to be evidence that renewable energy remains widely popular with Australians, to which their continued adoption of rooftop solar and increasingly battery storage attests. And polling continues to confirm this.