Shorten’s Stranglehold: Labor’s 50% RET & ‘Carbon’ Tax Threatens Economic Annihilation

The prospect of a Shorten lead Labor government brings with it a 50% RET and a 45% emissions reduction target (an enormous ‘carbon’ tax by any other name). The consequence will be spiralling power prices and Soviet-era power rationing, whenever the sun sets and/or calm weather sets in. As every South Australian knows, attempting to […]

Wrecking Ball: Labor’s 50% RET Guarantees Wholesale Economic Destruction

  Anyone wanting to understand what a 50% RET can do to an economy, look no further than South Australia. Once upon a time, thanks to cheap and reliable coal-fired power, it was a manufacturing heartland. In the 1970s, Adelaide was home to 2 (General Motors Holden and Chrysler – taken over by Mitsubishi in […]

Bill Shorten’s ALP: Loves Subsidising Chaotic Wind & Solar/Hates Real Industry & Real Jobs

  Australia was once an energy superpower, supporting mining, mineral processing, manufacturing and energy-intensive agriculture (think irrigators, dairies, aquaculture and horticulture). Pretty soon, if Bill Shorten’s Labor Party gets anywhere near the controls, power prices will be driven to astronomical levels and those industries driven out of existence. Hundreds of thousands of well-paid, meaningful jobs […]

Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity

  Labor – aka the ‘Workers Party’ – is determined to destroy whole industries and thousands of jobs with a 50% RET and a giant ‘carbon’ tax. Australian industry has been a protected species since the Victorian gold rush in the 1850s, cosseted behind an insurmountable wall of tariffs and propped up with subsidies. As […]

Wicked Waste: Rocketing Prices & Blackouts Only ‘Dividend’ From $60bn in Subsidies to Wind & Solar

Setting fire to cash is one way of destroying value, throwing $billions in subsidies at intermittent wind and solar is just as effective. Chicago gangsters displayed their notorious net worth by stoking up their stogies with hundred-dollar bills. Easy come, easy go, as they say. So it is with the unreliables: wind and solar. Australian […]

Renewables Reckoning: German Business Being Throttled by Rocketing Power Prices

There’s something uncanny about the relationship between rocketing power prices and renewable energy: ask a German, Dane or South Australian. The consequences of Germany’s obsession with sunshine and breezes are starting to hit home, with a vengeance. Its economic backbone, referred to as the ‘Mittelstand’ (small to mid-size firms, either in family or private hands) […]

Cheap Reliable Energy Sets the USA Apart: Gas, Coal & Nuclear Sideline Subsidised Wind & Solar

America truly is exceptional: while plenty of Western democracies are still piling into subsidised wind and solar, the USA is getting out. Prior to the election of Donald J Trump, the US was on an economy wrecking trajectory, set by renewable energy rent seekers and the eco-zealots that champion their cause: numerous American states, not […]