The Australian government's foray into the energy debate with a $1.5 trillion price tag on renewable targets and a pivot towards nuclear options is a classic case of bureaucratic overreach and a reminder of the inefficiencies of government-planned economies. It's evident that free-market solutions, driven by consumer choice and innovation, are sidelined in favor of expensive, top-down mandates that could further burden taxpayers and stifle economic growth. The focus should instead be on removing regulatory barriers, encouraging competition, and allowing the market to determine the most efficient and cost-effective energy solutions.
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