Well said mhaze.

Labor's promise to reduce average power prices by $275 p.a. is now looking like just another Labor lie that they never intended to keep.

All politicians lie, but the tag 'Lying Labor' has a nice ring to it, and it could well become a popular descriptor for the party. If it means to go on as it has in its first few months, we ain't seen nothing yet. Wong 'didn't' say that they were going to overturn the Jerusalem affair - then she did. Bugs Bowen is telling lies about EVs and his energy portfolio in general - but the biggest is the one about unreliables being 'cheaper'.

Of course the $275 was nonsense everyone knew it when it was promised.
Renewables can never be cheap. It is the duplication needed to get
100% X 100% electricity that kills it. Depending on the size of the
grid the multiplication varies between 8 an 20 times. That is why small countries like Germany and the UK are in trouble.

https://pbs.twimg.com/media/FgJqk9ZaUAAKnvn?format=jpg&name=medium

Albo has a cunning plan

Mhaze, the 2008 oil price surge was caused by peak crude oil.
The peak crude occurred in December 2005 but really did not have full
effect till 2007 and 2008 when in September it reached US$114.
The upheaval in the financial economy crashed (GFC) caused the oil
companies to resurrect an old technique of fracking.
However even that is now reaching its peak in the US and will have the
usual short life in new countries that try it.
We will have to keep at oil for as long as economic for someone who
can afford it.
Put your money into diesel generator set manufacturers.
A better bet might be steam generators using wood or coal.
The old style steam engines will run forever.