Category: Australia

Subsidising Wind Power: A Sure-Fire Job Killer

*** As the wind industry gravy train shudders to a halt in Australia, the wind industry and its parasites are working overtime to garner support for retention of the completely unsustainable 41,000 GWh mandatory Renewable Energy Target. One of the “pitches” being made is that winding back the RET will cost tens of thousands of … Continue reading Subsidising Wind Power: A Sure-Fire Job Killer

Wind Industry’s “Death By A Thousand Cuts”: RET Review Panel – current RET should go

**** The RET Review Panel has delivered the final blow for the Australian wind industry, with recommendations that include killing the RET rort from here on: the Panel recommending that the current 41,000 GWh target be abolished - and that the door be firmly shut on any new wind farm investments. The Panel’s report is … Continue reading Wind Industry’s “Death By A Thousand Cuts”: RET Review Panel – current RET should go

Senator David Leyonhjelm: “Wake Up Clive!” – It’s Time to Kill the RET & Save the Poor

**** STT hears that Tony Abbott is hard at work on his mission to kill off the mandatory RET - with the aim of bringing an end to the most expensive and pointless policy of all time. One of the cross-bench Senators the PM needs to help demolish it during this parliament is David Leyonhjelm … Continue reading Senator David Leyonhjelm: “Wake Up Clive!” – It’s Time to Kill the RET & Save the Poor

Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET

  STT followers have been delighted with news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here). In response to the PM's mooted plan, the wind industry and its parasites have been reduced to making idle threats of "revenge" and bleating about "sovereign risk". … Continue reading Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET

How the Public Are Deceived About the True Cost of the Mandatory RET

**** The Australian Financial Review – as one of the lefty Fairfax stable – “drank the Kool Aid” early and happily ran with the wind industry’s narrative that having Australia bristle with giant fans is a sure-fire way of cooling mother Earth; that wind power is free; and that the mandatory RET is public policy … Continue reading How the Public Are Deceived About the True Cost of the Mandatory RET

Mandatory RET: An Expensive (and Unsustainable) Economic Burden

**** The RET is an expensive burden on the economy Australian Financial Review Alan Moran 19 August 2014 People and firms should be free to choose how they trade off their sources of energy and price preferences. With the carbon tax repealed, the focus has shifted to the renewable requirements. A key component of these, … Continue reading Mandatory RET: An Expensive (and Unsustainable) Economic Burden

Lost In Translation: How a CO2 Abatement Scheme Became “Corporate Welfare on Steroids”

**** Time to remember the original aim of the RET Australian Financial Review Danny Price 21 August 2014 The RET was intended to cut carbon. Opening it up to more forms of efficient generation would help get that result. The debate over the renewable energy target has ended up exactly where you would expect a … Continue reading Lost In Translation: How a CO2 Abatement Scheme Became “Corporate Welfare on Steroids”

Australia’s Runaway Renewables Policy to Cost $Billions

**** Competitive structure best way to rein in costs The Australian Barry FitzGerald 20 August 2014 IT is a touch ironic that it has taken the abolition of the carbon tax to highlight just what a pernicious bit of work it was. More than even Tony Abbott’s labelling of it as a big, bad tax. … Continue reading Australia’s Runaway Renewables Policy to Cost $Billions

Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

**** With news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here), the wind industry and its parasites have been reduced to a pitiful spectacle: drifting between pleading and begging for mercy, on the one hand, and foaming rage, on the other. These desperados … Continue reading Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

ABC’s Pro-Wind Industry Bias Exposed as a National Scandal

**** Ever had the feeling that certain quarters of the media give the wind industry an easy run? Australia’s National broad-sheet, The Australian stands as an exception; publishing plenty of pieces that, quite rightly, highlight the obscene cost and spurious “benefits” of the mandatory Renewable Energy Target and its product: the wind industry (for just … Continue reading ABC’s Pro-Wind Industry Bias Exposed as a National Scandal