**** With Australia’s wind industry in its death throes, STT has already given fair warning to bankers, investors and shareholders with so much as a cent in wind power companies to grab their cash and get out as fast they can (see our post here). All-wind-power-outfits - like our favourite whipping boys, Infigen - are … Continue reading Australian Wind Industry’s House of Cards Collapsing
Category: Australia
Dick Warburton: is the RET worth the Pain inflicted on Families & Business?
As STT followers know, the RET Review Panel is headed up by Dick Warburton - a man who’s acutely aware of the pain being inflicted on Australian families and business by the mandatory Renewable Energy Target. Since Dick was appointed to conduct the first thorough cost/benefit analysis of the mandatory RET ever undertaken, the wind … Continue reading Dick Warburton: is the RET worth the Pain inflicted on Families & Business?
Danish Fan Maker Vestas Run by Crooks – and that’s a FACT
**** Does anyone remember Vestas? The struggling Danish fan maker used to be a “big player” in Australia’s wind industry – having sold hundreds of its turbines here. But - with Australia’s wind industry on the ropes - Vestas just seems to have lost interest in Australia - because we’ve hardly heard a peep out … Continue reading Danish Fan Maker Vestas Run by Crooks – and that’s a FACT
Slash Wind Power Subsidies & Bring Power Prices Back to Earth
With Australia’s wind industry gasping its last breath, their hired spruikers at the Clean Energy Council have taken to peddling the incredible tale that wind power has led to a REDUCTION in our power bills. Trouble is that wind power generation (the product of the mandatory RET - which has been in operation since 2001) … Continue reading Slash Wind Power Subsidies & Bring Power Prices Back to Earth
Time to let the RET Review Panel Know What You Think
As STT’s loyal followers know, Australia is all set to decouple itself from the international economic suicide pact entered when gullible and unwitting governments all over the world signed up to ludicrously expensive and utterly pointless renewables policies. The Coalition are itching to scrap the Renewable Energy Target - and the RET Review Panel appear … Continue reading Time to let the RET Review Panel Know What You Think
Wind Power Investors: Get Out While You Can
**** For anyone still foolish enough to have their hard earned cash invested in wind power companies the warnings to grab your money and run couldn’t be louder or clearer. The members of the RET review panel have signalled their intention to take an axe to the RET: spelling out the fact that the review … Continue reading Wind Power Investors: Get Out While You Can
Joe Hockey keen to scrap Infigen’s “utterly offensive” Lake George Wind Farm
**** In our last post we covered the Alan Jone’s interview with Federal Treasurer Joe Hockey that’s sent the wind industry and its parasites into a tailspin. Apart from the fact that Joe detests the very sight of these things, the Treasurer made it abundantly clear that when the Coalition talks about ending the “age … Continue reading Joe Hockey keen to scrap Infigen’s “utterly offensive” Lake George Wind Farm
Bjørn Lomborg: Cost of Renewables Hit Poorest the Hardest
Bjørn Lomborg has become one of the most high profile critics of insanely expensive and utterly pointless renewable energy policies across the globe (see our posts here and here). Bjørn's back - and this time he adds the impact that our ludicrous Renewable Energy Target has had - and will have - on power prices and … Continue reading Bjørn Lomborg: Cost of Renewables Hit Poorest the Hardest
Perverse Renewables Policy turns Wind Power into Super-Predator
**** On the rare occasions when wind power is able to deliver meaningful output to the grid – usually at night-time - generators are more than happy for the dispatch price (the price paid by the grid operator to generators) to hit zero - and have even paid the grid operator to take their output, … Continue reading Perverse Renewables Policy turns Wind Power into Super-Predator
Alan Moran: Scrap the RET and let Australian business compete again
**** Stop renewable subsidies to allow lower electricity prices and competitive industry Catallaxy Files Alan Moran 24 April 2014 The RET Review brought the usual howls of anguish from the rent seekers concerned that regulatory measures will cease and that they will need to sell their wind and solar products on the open market. That … Continue reading Alan Moran: Scrap the RET and let Australian business compete again
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