Prior to the passage of the carbon tax, the amount of renewable (or as the government likes to describe it 'clean') energy that would be generated by our nation by 2020 was 50 terawatt hours, according to a report for the government by SKM MMA.
On Tuesday the Senate passed over 1000 pages worth of law, titled the Clean Energy bills. On the passage of these clean energy bills, the amount of clean energy generated in Australia by 2020 will be 50 terawatt hours.
That's right it is exactly the same amount. The clean energy bills will encourage exactly zero additional supply of electricity generation from clean energy sources.
So, now not only do you have the pleasure of being poorer, noting that it will have exactly zero affect on the climate, you will also have the pleasure of the clean energy bills producing absolutely no additional clean energy by 2020.
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