Probably A Good Time To Remember That Sun And Wind Don't Need To Be Imported Through The Strait Of Hormuz

WENDELL HUSSEY | Cadet | CONTACT

As the nation's battles through another day under the oppression of a fuel, energy and cost of living crisis, a rather interesting point has been thrown up.

Local South Betoota Polytechnic Professor of Economics Alan Eslake has explained that now would be a pretty good time to cash in our natural resources.

"Yeah, would be really nice if we were set up to provide for our national needs, with our natural resources wouldn't it," said Eslake, as the fuel sky rockets and all the flow on effects begin to pinch ordinary Australians.

"Not only that we actually made sure we had our gas ready to go and cater to the market instead of being bought off international spot markets at an inflated price - or that we had refineries to create enough petrol for the country," continued Eslake.

"But that we were reaping the rewards of investing in the energy of the future, that isn't going to run out soon."

Eslake says that right now, it would be quite handy to have an energy grid on the verge of being able to run off the back of renewable energy - that didn't leave us susceptible to being squeezed by international factors.

"However, we've spent two decades arguing about whether facts are actually facts to benefit a tiny portion of the population motivated by self-interest (relevance) and greed (making as much money off fossil fuels as possible before they run out)."

"So now those who can't really afford it are left to pick up the pieces and pay through the nose for the right to survive."

More to come.