Frydengas tells NSW and VIC to get fracced

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Peter Martin today slams the coal lobby:

The truth is more complicated. The worst kind of generators to run alongside wind turbines are the coal-fired ones. They’re extraordinarily bad at switching on and off, which is what’s needed to fill the gaps when the wind’s not running. The best kind are hydro plants, and combined-cycle gas turbine plants. Moving to wind necessarily means closing redundant coal-fired generators, which is needed anyway in order to cut carbon emissions.

It doesn’t mean that at all for combined-cycle gas turbine or hydro plants.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.