The latest announcements from political fairyland came from Bill Shorten with his vision that 50% of all new cars will be “electric” by 2030 and that each one would only take 10 minutes to recharge.
To borrow a phrase from The Castle, somebody should: “Tell him he’s dreaming.”
Better still, tell Bill to do a little homework on so-called electric cars and he will find that they are not electric cars at all.
Well-intentioned environmentalists and a number of politicians such as Bill fail to understand that batteries don’t continually create electricity. Rather they store electricity that has to be generated elsewhere by more often than not abundant, inexpensive, high energy-density, reliable hydrocarbon fuels.
Bill also believes that so-called electric cars don’t emit any carbon dioxide. The vehicles might not emit any when running on battery alone but since that electricity has come from a hydrocarbon-fuelled power plant, the elimination of car tail-pipe emissions is entirely countered by the equivalent carbon dioxide emissions at the power station.
Pollsters stay at home on long weekends, but anyone watching Bill Shorten’s magical mystery tour on the big red diesel bus could be forgiven for thinking he took a turn down the Highway to Hell with his fumbling pit stop interviews during the opening week of the campaign.
Prime Minister Scott Morrison focused attention on the costs of Labor’s tax, energy and climate change policies, and Shorten opened the door wide to accusations he lied about new taxes on superannuation. He repeatedly denied, then finally gave a firm undertaking to a Sky News journalist there would be no new taxes. The next day he claimed he had “misunderstood the question,” admitted he ‘stuffed up’ and he should have chosen his words better.
Labor took down the policy from its website, along with negative gearing details, but has now conceded the impact of its planned crackdown on super tax concessions is $30 billion – substantially higher than the $19 billion it had previously claimed, and slightly less than the $34 billion cited by the PM.
If that wasn’t bad enough, a clearly very frustrated Shorten repeatedly dodged a question from a determined Channel 10 reporter about the cost of its climate change policy, based around 50 per cent renewable energy, 50 per cent new electric vehicle sales and a 45 per cent reduction in emissions by 2030. After waffling on about the government’s failings and ignoring demands to answer the question, he simply moved on to another journalist. Continue reading “Magical Mystery Tour or Highway to Hell for Labor’s Big Red Bus?”
In interpreting the budget it is important to realise the Coalition will face the election in May with electoral polling which indicates it is almost certain to lose. As such, apart from possibly indicating the Coalition’s budget as no more than a manifesto with which to start the election debate, the same applies to the manifesto which Shorten has announced. He is now further developing that by announcing yesterday the 50% compulsory electric cars by 2050, which has (rightly) been widely characterised as absurd. Shorten has also failed to indicate the costs of his environmental policies. This situation further widens the gap between the two parties on the issue of dangerous global warming which appears likely to be a major discussion item. Unfortunately, the Treasurer’s budget address re-stated the Coalition’s existing policy of reducing emissions as stated in Paris and announced a $3.5bn “climate solution package” apparently designed to soften the moderates within the Coalition. Another bad poll would provide the opportunity to moderate this policy but it looks as though such a moderation is not politically possible. Continue reading “Commonwealth Budget For 2019/20 Won’t Save The Bacon”