Life coaches and self-help manuals talk about dreaming the life and living the dream. In Australia, as elsewhere, wind and solar power were touted as promising not only an end to the pesky habit of the Earth's climate to change (a selfish obsession that our planet has been hard at for 4.5 billion years), but … Continue reading Renewables Disaster Sees Australian Power Prices Jump Another 20% – With Worse to Come
Category: Australia
Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs
If there is one thing that renewables-rent-seekers dread more than calm and cloudy weather, it has to be uncertainty. Always keen to preach about how cheap wind power has become, but always reticent to release their grip on the subsidy teat, the wind industry, its parasites and spruikers are now in a flat panic after … Continue reading Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs
Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
*** In yesterday's post we described Alan Finkel's report on Australia's power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure … Continue reading Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens
Yesterday (Friday, 9 June), Alan Finkel released his long awaited report on Australia's calamitous renewable energy policies, to sighs of despair and disappointment amongst those who actually understand how Australia's electricity market works; or, rather, has been knowingly destroyed by massive subsidies to intermittent, unreliable, chaotic and expensive wind and solar power. Finkel's report - … Continue reading Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens
Last Chance Hotel: Australia’s Energy Crisis at the Crossroads
*** Australia’s energy crisis is a self-inflicted calamity with no apparent end in sight. The PM, Malcolm Turnbull seems intent on protecting his son, Alex’s investment in Australia’s most notorious wind power outfit, Infigen (see our post here). While his gormless Energy Minister, Josh Frydenberg behaves like a punch-drunk boxer, who cannot land a punch … Continue reading Last Chance Hotel: Australia’s Energy Crisis at the Crossroads
Rubber-Stamped Wind Farm Approvals by NSW Planning Commission – Rotten to the Core
*** The Tarago and Mt Fairy community is nestled on the rolling hills of the southern Tablelands of New South Wales its defenders have, for years now, been in furious opposition to the threat by Spanish outfit, EPYC to spear 88 of these things into the ranges near Lake Bathurst, Tarago, Mayfield, Boro, Mount Fairy and … Continue reading Rubber-Stamped Wind Farm Approvals by NSW Planning Commission – Rotten to the Core
Beetaloo Backlash: Local Council Joins Fight to Stop French Wind Power Developer Wrecking Another South Australian Community
The Beetaloo Valley, to the south-west of Laura, is yet another idyllic rural community nestled in the rolling hills of South Australia’s mid-North threatened by a foreign-owned wind power outfit. A few weeks back, STT reported on efforts by the defenders of that community to prevent its destruction by a French wind power outfit, Neoen … Continue reading Beetaloo Backlash: Local Council Joins Fight to Stop French Wind Power Developer Wrecking Another South Australian Community
South Australia’s Wind Power Debacle Destroying Jobs: Unemployment Rockets (Again)
*** The principles of economics are not hard, nor are they a mystery. Jobs require viable businesses, viable businesses require cheap and reliable electricity. Deprive businesses of cheap and reliable power and those businesses will very soon cease to exist. Those truisms, however, continue to fall on deaf ears in Australia's so-called 'wind power capital', … Continue reading South Australia’s Wind Power Debacle Destroying Jobs: Unemployment Rockets (Again)
Australia’s Renewable Policy Destroying Jobs: Miners Facing Power Price & Supply Crisis
Australia's enviable prosperity isn't due to sunshine and breezes, it's down to iron ore, coal and a bevy of other minerals including copper and uranium of the kind being gouged out of the ground by BHP Billiton at Roxby Downs in South Australia's North (see above). How long Australia maintains its wealth is down to … Continue reading Australia’s Renewable Policy Destroying Jobs: Miners Facing Power Price & Supply Crisis
Former PM – John Howard Calls Australia’s Renewables Policy a ‘National Scandal’
*** John Howard was seen by many as the underdog of Australian conservative politics, who took more than two decades as a Federal MP to reach the position of Prime Minister, the victim of bitter internal political wrangling and intrigue within the Liberal Party. After he was deposed as Liberal opposition leader by Andrew Peacock … Continue reading Former PM – John Howard Calls Australia’s Renewables Policy a ‘National Scandal’