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Aug 15, 2014

Kite flying with Dick Warburton: junk economics to push a barrow

The government has commissioned Dick Warburton to conduct an independent review of the Renewable Energy Target. But "independent" might be something of a stretch ...

Dick Warburton has been flying quite a few kites recently as he and the rest of the panel put in place by the Prime Minister to review the Renewable Energy Target (RET) grapple with some uncomfortable realities.

The type of kite flying Warburton is engaged in doesn’t rely on taking a trip to the park. Rather it is the activity by which ideas are put in the public domain to assess their acceptability or legitimacy. In the latest kite-flying exercise, Warburton tested the idea that somehow an oversupply of energy and increased competition in electricity generation could be turned into a negative, when the vast majority of economic analysis demonstrates a net benefit to consumers.

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4 comments

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4 thoughts on “Kite flying with Dick Warburton: junk economics to push a barrow

  1. Jaybuoy

    It’s insulting…but no worse than Abbott as minister for women..

  2. leon knight

    Jaybouy – Just about everything about this government and their ugly backers is an insult to virtually the entire electorate.
    The few suporters the LNP have left in mainstream Australia must be desperately hoping that some adult behaviour will shortly manifest iteself, but I fear they wait in vain.

  3. Luke Hellboy

    It usually takes about 2 or 3 terms in office for governments to reach this level of arrogance and hubris. This is the only area in which the COALition is ahead of its time.

  4. graybul

    ONE MILLION TWO HUNDRED THOUSAND HOUSEHOLDS are watching VERY CLOSELY! Taking into consideration University Students, Unemployed Youth, Pensioners, Low Income Car Drivers et al Oh Oh forgot . . NSW Liberal Voters who have lost Representatives . . together, represent a very pissed off Electorate come next Federal Election!!

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