The decision to move on from the renewable energy target was a correct one. But replacing it with the CIS (the capacity investment scheme) has proved an error.
The CIS has not worked. But the capacity it was designed to procure is needed more than ever, and the cost of delay rises every year.
Two years is long enough to try the CIS. Do we want to continue to enact past mistakes? Do we want to be like WW1 generals continually sending the troops out as happened at Fromelles, or do we want to adjust like Monash did at Hamel and snatch victory from a difficult position?
I argue that if we succeed the old mistaken course is quickly forgotten.
Reminder that we are becalmed
