Great thread on the Australian Government’s recently announced Capacity Investment Scheme (CIS) and what it actually means for #AUStriches energy.
Discussion
Quick synopsis , is it good or bad ?
It’s awful. The Gov is throwing HUGE money at bullshit that has no basis in reality, the bureaucrats have even said as much (receipts included) but the Gov are trying to spin it to justify huge investment in renewables which is just gonna pile up costs for everyone.
Must read in detail : bookmarked.