Wind Industry Says It’s Time to Cut the Subsidies: ‘Wind Power Cheaper than Coal’

STT loves an eye-catching headline. Today’s is, on one level, the kind of spoof headline dished out by Washington pranksters, The Onion: so outrageous, that no sentient being could accept the premise. However, half of our headline is quite literally true: the wind industry has been putting out figures claiming that it is not only […]

Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode

*** Renewables rent-seeker, AGL has launched a propaganda war in Australia’s media, since the release of Alan Finkel’s fantasyland review of Australia’s power market calamity. Finkel’s report promised Australia’s very own Enron, among others, the opportunity to rape and pillage in a power market with an effective 42% RET, dominated by intermittent and unreliable wind […]

Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia

The only businesses which are bouncing along in South Australia are those selling portable diesel generators, candles and LED headlamps. The sort of staple items you might find on a Doomsday Prepper’s list. However, in Australia’s so-called wind power capital, BYO and DIY power and lighting are everyday essentials. SA’s vapid Premier, Jay Weatherill pretends […]

Alan Finkel’s Bogus Adventure: Staggering Costs of Clean Energy Target Hidden From View

One thing time Finkel will never be accused of is under-selling his 42% renewable energy target, re-boxed and badged as a clean energy target ‘CET’. However, the trouble with hubris is that it does not take very long to prick the over-eager salesman’s balloon. As we pointed out in yesterday’s post, Finkel’s forecast power price […]

Politics of Power: Federal Coalition Government Turns on Subsidised Renewables

*** Politics is a brutal business: no sooner is a politician or political party riding the crest of a wave, than they’re being smashed against jagged rocks and deluged by a roaring surf. As Australian politicians are fast learning, the politics of power is even more brutal still. Continually rocketing power prices is bad enough, […]

Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills

*** STT called Alan Finkel’s report on Australia’s renewable energy debacle a mix of Lewis Carroll’s Through the Looking Glass and Goldilocks. As commentators chew through Finkel’s rubbery figures, it is apparent that our description was not just fair but accurate. New electricity reform details cut off promised $90 saving The Australian David Crowe 16 […]

Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET

*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In […]