Other than when we became involved in two world wars, no Australian government has taken a decision with more far-reaching economic consequences than Anthony Albanese’s latest reckless gambit on net zero.
Labor’s new uncosted and accelerated emissions reduction plan for the next 10 years relies on so many factors outside the Federal Government’s control — the biggest being uncommitted private sector investment in renewables at heroic levels — that it verges on a fantasy. Or lunacy.
Albanese has declared war on carbon dioxide by conscripting every Australian into his army, but has no idea what constitutes victory.
If we win, will we have stopped and even reversed global warming? If that isn’t the measure of potentially sacrificing our national prosperity, what is?
Nowhere in the overblo