The Forum > General Discussion > Australian wholesale electricity prices are falling.
Australian wholesale electricity prices are falling.
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The CFACT article you linked isn't "new analysis" - it's a polemic from a US-based anti-climate regulation outfit funded by fossil fuel interests. Steve Goreham, the author, has made a career out of declaring climate action a hoax.
CFACT's funding sources and ideological leanings are well documented.
So when it says "Net Zero is collapsing," what it really means is:
- Trump halted offshore wind leases
- Federal subsidies are being cut by the current US administration
- AI-driven demand has exploded faster than anyone forecast
- Grid planning hasn't caught up
- Some projects have experienced battery fires or delays
These aren't "failures of Net Zero." They're failures of planning, coordination, and infrastructure lag, made worse by political reversals and rapid technological shifts - which even fossil-heavy grids would struggle with. And ironically, the article concedes that the real "winner" will be natural gas, not coal - meaning the market is still phasing out the dirtiest fuel.
As for Australia:
- We're not the US. Our grid, demand patterns, solar exposure, and policy timelines are different.
- Wholesale prices here are falling - down 27% YoY thanks to renewables, not despite them.
- Grid-scale batteries in Australia have already saved consumers millions by replacing expensive peakers.
- Farm destruction? The vast majority of solar and wind is sited on marginal or dual-use land (e.g. sheep grazing under panels).
- And let's not forget: every major Australian trading partner is pursuing Net Zero. Pulling out now doesn't protect us, it isolates us.
//This madness has to stop.//
What needs to stop is pretending think-tank blog posts are data, and that systemic change should be judged by cherry-picked anecdotes and meme-level outrage.
If you've got a better plan for energy security, price stability, emissions reduction, and trade protection - let's hear it.
//Stupidity is doing the same thing over and over for a bad outcome.//
Then why do you keep posting the same bad arguments?