This is mad:
Victorians can expect rapid and sharp rises in gas bills within four years as the local supply hits a cliff and the state uses more gas than it produces, with a new state government report calling for 2 million households to urgently switch to electricity.
New incentives will be offered to encourage people to ditch gas cooktops as the state government pushes ahead with plans to install electric appliances in new buildings and replace obsolete equipment in older homes.
Within four years, the electricity transformation will be far from over, meaning switching from gas to electricity will make zero difference to household bills. The AEMO forecasts that gas reliance in VIC electricity will rise over the next decade:
This means electricity prices will remain reliant upon gas prices. The switch to electricity is pointless in price terms.
Moreover, the switch will make almost no difference to east coast gas consumption or carbon emissions:
As it is currently framed, the household energy switch is propaganda, a fabrication of the Grattan Institute, which the gas export cartel sponsors.
The same cartel consumes vastly more gas than households and spews vastly more emissions, all in the process of freezing it and shipping most of it to China.
Corrupt governments have given up fixing the underlying problem of controlling the gas export cartel and are covering their failure by charging households $20k each to rip their walls off.
Especially those stuck on the grid. That is, the poor.
It’s mad.
