Tasmania is an island 150 miles off the South East coast of Australia. From The Marcus Review:
Tasmania’s Energy Scandal
Tasmania has provided yet another example of what happens when you let the lunatics run the asylum for too long. This time, it has run out of electricity to the point of needing 200 temporary diesel generators – at a start up cost of $44 million, plus operating costs of $22 million per month.
As you’ll soon see, these costs are merely the steam emanating from the hot pile of dung shoveled up in this scandal – whose key players include a greedy government owned hydroelectric operator, an inept State government and Australia’s most socialistic Prime Minister in history.
Even if you’re not Tasmanian, you should care about this: it’s your money that’s paying for it.
There is an electrical cable that runs from Tasmania to the Australian continent. To set the story:
In August 2010, Australia provided Julia Gillard with the means to introduce a carbon tax – which she cheerfully did. Among many other things, Gillard’s scheme made hydroelectricity artificially more price competitive in the energy market. In turn, Tasmania’s government owned hydroelectricity operator (Hydro Tasmania) became positively giddy with excitement… and greed.
And then, to profit from this, Tasmania's government drained their reservoirs selling off all of their stored water. In the middle of a drought. Read the whole thing - it just gets stupider and stupider.
A perfect example of a bureaucracy at work.
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