Time to Tear Up Australia’s Economic Suicide Note: Renewable Energy Target Must Go Now

  Malcolm Turnbull should come clean and explain to his party and the public that his son, Alex is heavily invested in wind power outfit, Infigen and did so at a time when it was on the brink of bankruptcy. In one of the luckiest bets of all time (see our post here), Alex Turnbull managed […]

Wind Industry’s Armageddon: Liberals Join Nationals to Demand an End to Subsidies

Yet again, Judith Sloan tackles the greatest policy disaster of all time, and yet again she hits the bulls-eye. Clean energy target a non-starter on road to affordable energy The Australian Judith Sloan 10 October 2017 You remember the bloke wanting to get to Dublin. He wasn’t in a good place to start his journey. […]

Experts Hope Summer Blackouts Bring Sanity to Australia’s Renewable Energy Debacle

  If Australia’s energy policy debate was a theatre production, it would be labelled ‘high farce’. Throwing $60 billion to the sun and the wind, destroying a grid which was renowned for not only its expanse, but its reliability and sending power prices from the very bottom of the league table, all the way to […]

Former PM Tony Abbott Slams Insane Cost of Unreliable Wind & Solar as Economic Suicide

  Here’s the speech that sent wind and sun worshippers into melt-down. Address to the Global Warming Policy Foundation, Westminster London Hon. Tony Abbot MP 10 October 2017 Thank you for giving me the same platform that you’ve previously given to fellow Australians John Howard and George Pell. I will strive to be worthy of […]

The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs

Energy firms gaming system: BlueScope Steel boss The Australian Matt Chambers 12 October 2017 BlueScope Steel chief executive Paul O’Malley says power prices will rise under a clean energy target if baseload sources such as NSW’s Liddell coal-fired power station close, and that a more urgent 10-year baseload transition plan is needed. Mr O’Malley, whose […]

Australia’s Rocketing Prices & Looming Summer Blackouts Ensure Coal-Fired Power has a Long Way to Run

  Reports of the ‘death of coal’ have been greatly exaggerated. Around 80% of Australia’s electricity comes from coal-fired plant; with most of the balance from gas and hydro, in that order. No amount of statistical finessing from the wind and solar industries can budge their presently risible contributions to Australia’s power needs above more […]

RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence

Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business […]