Thursday, August 4, 2022

Albo still lying about Sun Cable and its potential - other claims of jobs, investment and lower cost that are to flow from his climate bill unreliable

 by Ganesh Sahathevan 




Australian Prime Minister Anthony "Albo" Albanese has claimed that Sun Cable will provide solar power to Singapore, from a battery of solar panels in Northern Australia: 

I'll make this this point as well about the Sun Cable project. One, it is the largest by a long way. Overwhelmingly the largest solar project in the world on the planet, and that is very exciting for us. The other thing is I have had discussions with Mike Cannon-Brookes and others connected with Sun Cable about how we maximise Australian input there. So areas like the production of the cable itself, this is a manufacturing boom that we have potentially here in Australia.



Singapore's Channel News Asia on the other hand says: 

Sun Cable still needs the green light to be able to transmit its solar energy in a few year's time. 


"Albo" has just gained support for his climate change bill, which is predicated on his theory that renewable energy projects like Sun Cable will generate economic gains that will exceed the cost to the Australian economy that will arise from the "transition" away from fossil fuels. 

He continues to lie about the Sun Cable project, and hence his claims for about Australia's future without fossil fuels are doubtful. A downward re-rating of Australia's economic prospects is likely.


TO BE READ WITH 

Transcript from PM Albanese's official website, containing his latest claims about Sun Cable. 


NORTHERN TERRITORY CHIEF MINISTER: It's a unique opportunity to work with a Federal Labor Government that believes in climate change, believes we need to shift across to renewables. We have enormous opportunity here in the Northern Territory. I think COVID put us on the radar with the Howard Springs facility, but the rest of Australia is waking up. We have natural resources, we have solar, we have NASA and so it's an exciting time. So I look forward to working with the incoming Commonwealth Government that Sun Cable project is huge and every Australian should go and Google it after they watch the news tonight and see the investment in the Northern Territory and the fact that we will have a cable linking Australia to Singapore and this is an exciting opportunity for us to have our renewables going offshore, giving us economic opportunity. Thank you.

PRIME MINISTER: I'll make this this point as well about the Sun Cable project. One, it is the largest by a long way. Overwhelmingly the largest solar project in the world on the planet, and that is very exciting for us. The other thing is I have had discussions with Mike Cannon-Brookes and others connected with Sun Cable about how we maximise Australian input there. So areas like the production of the cable itself, this is a manufacturing boom that we have potentially here in Australia. It's what, when I spoke about a feature made in Australia during the campaign, it's exactly that. We have, there isn't a solar panel in the world that doesn't have Australian IP involved. Whether it's ANU or UNSW, we need to maximise Australian input.







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