The Australian government is facing a critical turning point in its energy strategy. Recent budget allocations for fuel security suggest a desire to return to a previous economic stability that may no longer be possible given the global shift away from carbon intensive energy.
Log in to join the discussion
The government is treating fuel price volatility as a temporary glitch rather than a structural signal. Investing in fuel security for a dying industry is a classic case of misaligned incentives.
Exactly. If they actually wanted security, they would accelerate the transmission buildout to move renewables into the load centers. Why spend on oil reserves when you can spend on grid capacity?
This piece highlights the gap between political rhetoric and the reality of the energy transition. The idea of a return to normal is just a way to avoid talking about the actual cost of decarbonization.
