Energy policy: can we have a Carbon-Cutting Reliable Affordable Programme (C-CRAP)?

Power costs are high now, and restoring reliability (whether done piece-meal as governments are doing now, or more systematically) will push them higher. The only option is to minimise further cost increases.

The smallest further cost increase would be delivered via the first policy option noted above: matching renewable energy generation capacity with back-up base-load/dispatchable fossil fuel power.

Emissions reductions are delivered when the sun is shining or the wind is blowing. If they aren't, blackouts are avoided.

Implications for RETs, CETs and other scheming

Taking (very recent) Government words at face value, could affordability be improved while restoring reliability?

Yes. Reduce the targets set by Commonwealth, State and Territory governments (and oppositions) under RETs and similar schemes.

Cost reductions are maximised (ie, duplication/multiple duplication cost increases are eliminated) when these schemes are abolished.

Summary: what are our practical policy choices?

So let's sum up the 'trilemma' practicalities. What's technically possible?

We can have reliability and emissions reductions, if we are prepared to pay for them.

We can have reliable and affordable power, if we don't have to pay for emissions reductions.

We can have emissions reductions at lower cost, if we forgo reliability.