While the Albanese socialist regime is handing $9 billion a year of our money over to the renewables scam, private investment in it has been plummeting for years. A 70% decline 2021-2023. Last year, no wind projects had any private investment, only 2 solar projects had private money.

Transmission costs for these remote renewables have soared from 25%-55%.

AEMO ‘revisiting’ previously non-negotiable transmission projects. The planners got it wrong. They got everything wrong. The model was flawed from the very beginning.

We are now up for a further $10s of billions for transmission.

The charade was “backed by science”. It was “non-negotiable” - now there are negotiations, in the face of ballooning costs.

Engineers, ignored in the past (not scientists, old bean) and economists say that costs,timing and complexity of the “transition” cannot be controlled,

Technical failure. Governance failure. Democratic failure.

Turbine blades are already being recycled into everything from cement to car parts. The rest - steel, copper, rare earths - is highly reusable
John Daysh,
You're having yourself on if you believe recycling is as clean as you dream it is ! Producing + use + dismantling + recycling is massive pollution + massive utterly unwarranted financial & social & environmental Costs !
Why not use the funding & effort wasted at this clearly futile concept & use it all on reducing pollution instead of increasing it because increasing it is !

"Last year, no wind projects had any private investment, only 2 solar projects had private money."

It is not unique to Australia and might be why China is installing so much. I can't understand how any non-dispatchable generation could be financed in a saturated market, which is where many nations sucked in by this con are at currently.

Fester

No, it is not unique to Australia. The rest of the world woke up before Australia did. Either someone has just woken up here, or it's been a fact that has been hidden from us. There is no way that people like Bowen would fess up if the latter was the case. Nor would the MSM reveal it.

The British government is at war with itself over NetZero.
I do not think it will be long before they opt out.
Once the great unwashed experience a couple of blackouts
and realise being stuck in a lift for an hour, or a day
a quick rethink will occur.
BYW, I read some info and asked a neighbor what are the
implications of no inertia in a power system.
His explanation explained everything.
It is the reason why an all solar/wind system is impossible.
All the spinning turbines around eastern Australia are all
exactly synchronised. I had not thought of that.
If one attempts to be a little (a fraction of a degree) out of sync
all the other machines contribute to keep it synchronised.
It is the rotating inertia of all those other machines that
keep the show on the road.
Solar panels and wind turbines have no inertia.
And that was what caused the blackout in Sth France, Spain
and Portugal.
That is why those in the know say it won't work !