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Net Zero Policies Plays a Part in High Inflation
1 year ago
335
The Greens' and Labor's net zero policies are a large part of why we have high inflation. By replacing low cost coal with expensive industrial wind and solar, power prices rise, which then drives up prices across the board.
The Motion from Greens' Senator McKim to introduce price controls to combat inflation is an example of "feel good" politics. Price controls often lead to companies withdrawing from the supply chain, leading to inevitable shortages and black markets.
In what was once the "lucky country," this would be a tragedy!
Transcript: https://www.malcolmrobertsqld.com.au/net-zero-policies-plays-a-part-in-high-inflation/
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