A leading Australian economist has criticised the cost of renewable energy.
The economist, Judith Sloan, highlighted the huge amounts of money spent on renewable energy.
She said: “hundreds of millions of dollars annually to subsidise renewable energy companies.
“With very few exceptions, governments all over the world have fallen into the trap of paying renewable energy scammers on the basis that it is necessary, at least politically, to be seen to be doing something about climate change.”
Sloan’s criticism of the amounts spent on renewable energy are echoed by energy expert and planetary geologist Dr. James Conca who said that based on production, solar energy had received “over ten times the subsidies of all other forms of energy sources combined, including wind”.
Australia is in the midst of an energy crisis with energy bills soaring and fears of blackouts over the summer.
The Prime Minister of Australia, Malcolm Turnbull, has supported an “all of the above” approach to energy to fix the crisis.
The energy minister Josh Frydenberg has also called for the discussion not to be narrowed into one over different fuels saying: “You cannot narrow the discussion down to being pro-coal or anti-coal, or pro-renewables or anti-renewables. The issues are a lot more complex.”