A recent release from Bill Gates makes the case for putting human welfare first, above net zero. Money can be spent far more effectively helping poorer people, rather than focusing only on emissions. We used to have the cheapest power in the OECD. Now we are among the dearest. We’re spending double what we used to, and double the costs of countries like the U.S. and Canada. All up, the rage for net zero is likely costing the typical family $1,000 more per year in power bills. A reasonable estimate is that achieving it over the next ten years would cost $500 billion, or $5,000 per household per year. While making a trivial difference to world climate. As Gates points out, net zero will come as the technology improves. We don’t need to impoverish ourselves, nor hold back people in the Third World who need cheap power to progress.

This Prime Minister is lying. Australians now know there is nothing cheap about Labor’s ideologically driven, renewables-only energy madness. Labor’s net zero laws and policies are causing enormous economic and environmental harm. That’s why the Liberals have dumped net zero.