Thee recently released studies show that GDP could take a hit if renewable energy transition is delayed.

A study by Ortec Finance states: "Under .... a delayed transition scenario, the average Australian superannuation fund could see around 9% decline in investment returns by 2050, whereas an orderly transition helps superannuation funds to exceed current expectations."

An analysis from the Australian Treasure regarding transitioning states: "Real GDP per capita is expected to increase by $12,000 in 2035 and $36,000 in 2050.
Employment is projected to rise by 5.1 million by 2050.
The economy could be $2 trillion smaller by 2050 under a disorderly Transition Scenario."

A third study by the Investor Group on Climate Change concludes there is a possible "$6.8 trillion GDP hit if renewable energy transition is delayed."

It's easy for energy transition alarmist to dismiss the push for renewables as being all about ideology.

When it becomes about economics few will care if these denialists are left behind.

When the wind and solar transition was first proposed, it was done on the basis of economic forecasting which predicted that power prices would fall, and the more wind and solar installed the further the drop would be. The reality has been a rise in power prices and all the economic harm that comes with it.

Now I am to believe, on the basis of further economic forecasts, that if Australia doesn't persist with this nonsense, things will get worse?

Are those forecasts like the one predicting the drop of $275 in power prices. Are those forecasts funded by entities sharing in the $10+ billion in annual taxpayer dollar handouts?

This Fester bloke is anti Australian. He denies everything with flimsy reasons. Ten pound poms are just non believers that societies can prosper without being surrounded by English coastlines.
Lets look at the mess they live in over there.
They blame everybody else for not assimilating but forget about themselves.
I would rather live with a Collingwood supporter than an unassimilated pom. All of their trust is in a disintegrating political party.
This is not Europe it's AU and our nearest neighbours is Indonesian, Malaysian, Thailand, Cambodian Vietnamese. All excellent immigrants.

Hi doog,

A couple of good friends, English migrants invited us around for a true English breakfast recently. They served up baked beans with those disgusting cheap supermarket sausages chopped up in it, on toast. I didn't have the second course which was some rubbish they said was Pikelets, more crap! I'm still recovering after a week of the runs from the beans and sausages! If that's what the Poms eat for breakfast, I'd hate to see what they are consuming for lunch and dinner!

It is pathetic to see people with no influence at all continually scrabbling around, looking for “studies” that deny what most countries except Australia now realise is bullsh.t.

The bullsh.t being:

. Net Zero
. Carbon dioxide causes climate change
. Renewable energy is cheap
. Renewable energy can power industry
. Australia's puny efforts to stop its tiny emissions will make a difference
. Climate change can be stopped

The very people who started the bullsh.it - well-known public figures - are now backing off, or shutting up in embarrassment. Even the loudest villains and virtue-signallers, still clinging to the man-made climate change lie, are looking to achieve their wankery in ways that don’t ruin the economy as it is now being ruined by the insane Albanese regime.

But here, a couple of unknown idiots, with an audience of 4, keep banging out bullsh.t that is falling by the wayside (gradually, admittedly: most people don’t rush to admit that they have been wrong) as all bizarre ideas have done over history.

doog,

So I'm un-Australian because I voice my concern about giving billions to a bunch of grifters and destroying the economy, farmland and the natural environment? Presumably you're a good Australian because you support those grifters and all the harm they are doing? All those billions they take in subsidies has a direct impact on services like health, as does the economic destruction and the loss of farmland.

"Lets look at the mess they live in over there."

Yes, they are pursuing net zero aggressively with wind and solar just as we are here, and with the same consequences. Maybe you could explain why power prices haven't fallen when Albo told you they would, or explain why nuclear needs a 50km exclusion zone, just like Lucas Heights doesn't have?

I suggest that you present arguments rather than rather than engage in stereotyped ethnic based personal attacks more befitting a racist. Resorting to hatred and ethnic stereotyping suggests that you don't have much of an argument in support of your grifting anti-Australian buddies.

Time to ditch the grifters.