Electricity: no end to the damage regulations are doing

Wind which as a result of subsidies and penalties to fossil fuels, dominates investment in energy could barely produce one per cent of the supply.

But the ABC-ALP-Green left is only the worst of the culprits.

The coal industry lobby groups themselves are less than fulsome in promoting the domestic use of the industry's product since they are dominated by BHP, which is under the control of a CEO who is a True Believer in the global warming fraud and understandably ashamed of his firm's role in boiling the world. This forces BCA, Minerals Council and other lobby groups to call for various forms of "Clean Coal" that would add anything from 25 per cent to 300 per cent to the costs of coal generation.

The Minister, Josh Frydenberg, though by no means a swamp drainer, is about as diligent and honest as we can expect from a traditional politician. He is using the ALP's extremism against Mr Shorten, hoping that others will overlook the fact that the Coalition policy over the next few years is identical to that of the ALP and that the problems wind has created to date will get far worse over the next few years as, in line with Commonwealth requirements, the wind share is of supply is set to double.

Josh claims he is being up-front in saying that the cost of the government's policy will be $63 per household. He may believe that but it defies credibility. As I have previously demonstrated present Australian regulator y and budgetary spending on green energy is $5 billion a year (five times the one-off waste of money by the Andrews government's cancellation of the East West road). $5 billion comes to $500 per year per household. And this excludes the costs of other regulations on appliances, buildings, motor vehicles and the like all of which bring costs to consumers.

Continuing on the current path, let alone shifting up to the ALP's will vastly undermine future living standards. The tax on consumers is one thing but far greater damage is done by the lost businesses (think aluminium smelters) and forestalled business investment that the high costs of energy is creating.

There can be no half-way measures. We must immediately cancel all subsidies to energy and other interventions by government allow the market to repair itself.