“Big Nanny Creates a Gas Bubble.”

“Big Nanny Creates a Gas Bubble.”

The Carbon Sense Coalition today accused both state and federal governments of pushing policies that cause wastage of natural gas and increased electricity charges.

The Chairman of “Carbon Sense” Mr Viv Forbes said that five silly government initiatives have created “The Big Nanny Gas Bubble”.

“The first foolish policy forced electricity suppliers to generate a proportion of their electricity from gas. This increased the demand and price for gas. It also increased the cost of generating electricity.

“Naturally, gas producers, pipeline companies and their suppliers applauded, but power consumers were unimpressed.

“The second silly gas policy promoted and subsidised the replacement of electric heating appliances with gas appliances.

“Naturally, gas producers applauded again. So did gas appliance manufacturers and retailers. Home owners were less enthusiastic.

“The third bad idea from Big Nanny was a law mandating that 20% of electricity is generated from “renewable energy”. The perverse consequence of this policy will be to force the construction of a parallel universe of gas fired power stations to prop up the green generators when the sun doesn’t shine or the wind doesn’t blow. This will create more demand for gas and further increases in gas prices. It will also increase costs and reduce the reliability of power supplies.

“Naturally, gas companies were delighted. So were Green Energy speculators and Chinese manufacturers. Power consumers were apprehensive.

“The fourth gas wasting scheme is the Ration-N-Tax Scheme from Big Nanny in Canberra. This scheme penalises production of one “greenhouse gas”, carbon dioxide, but not the main one, water vapour, which comprises more than 90% of all so-called greenhouse gases. Both are harmless, non-toxic gases that support all life on earth.

“This policy would encourage power companies to switch from coal to gas, even though they are both hydro-carbon fuels which produce the same two harmless gases when burnt. More rises in gas and electricity prices would follow.

“Naturally, gas companies applauded again, but consumers of electricity and gas became seriously alarmed.

“The fifth stupid gas policy proposed recently by the Queensland government attempts to hide the harmful effects of the other four policies by proposing export embargos and price controls for domestic gas.

“Suddenly, gas producers did not applaud. Nor should anyone else.

“Governments should repeal all these destructive market manipulations and allow producers and consumers to discover that combination of fuels, technologies and cost which best satisfy their values and needs.

“Governments are acting like rogue bulls in the energy china shop.

“Big Nanny must be curbed before she bursts the gas bubble”.

ENDS

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