Energy firms gaming system: BlueScope Steel boss The Australian Matt Chambers 12 October 2017 BlueScope Steel chief executive Paul O’Malley says power prices will rise under a clean energy target if baseload sources such as NSW’s Liddell coal-fired power station close, and that a more urgent 10-year baseload transition plan is needed. Mr O’Malley, whose … Continue reading The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs
Category: Jobs
RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business … Continue reading RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
Wind Power: The Mother of All Taxpayer Subsidised Scams
STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind … Continue reading Wind Power: The Mother of All Taxpayer Subsidised Scams
American Lunatics Destroying Australia’s Power Supply: AEMO Head, Audrey Zibelman Pushes RET Suicide Pact
Our overseas followers must regard Australia with complete bewilderment. Here’s a Country renowned for being among the world’s largest coal, gas and uranium exporters and, yet, it is in the midst of a self-inflicted power pricing and supply calamity. Throwing $60 billion in subsidies at intermittent wind and solar power has all but destroyed the … Continue reading American Lunatics Destroying Australia’s Power Supply: AEMO Head, Audrey Zibelman Pushes RET Suicide Pact
Australia’s Runaway Power Prices Kill Renewables-Rent-Seekers’ Dreams
Those who have spent the last decade or so milking wind and solar subsidies, probably thought the rort would last forever. When the Large-Scale Renewable Energy Target was upped to 41,000 GWh in 2010, renewables-rent-seekers thought that figure was set in stone. Until it wasn’t. Despite a hostile Senate and rats in his own ranks, … Continue reading Australia’s Runaway Power Prices Kill Renewables-Rent-Seekers’ Dreams
Heartless Hypocrites: Renewables Zealots Treat Jobless Thousands as ‘Collateral Damage’
In Australia’s rushed and ridiculous attempt to run on sunshine and breezes, objectivity and compassion were early casualties. Boffins, journalists and pundits from the green-left end of the swamp worship wind and solar power as the beguiled from some mediaeval cult. What singles out these Pinot Gris sipping neo-Marxists is their malignancy towards Australia’s … Continue reading Heartless Hypocrites: Renewables Zealots Treat Jobless Thousands as ‘Collateral Damage’
Unreliable Subsidised Wind & Solar – Destroyers of Worlds – Have Become Economic Death
Market fails to cope with the rise of the unreliables The Australian David Uren 14 September 2017 Creeping nationalisation to fix policy blunders would make Lenin smile In the former Soviet Union, electricity-generating plants were built with the architectural grandeur of cathedrals, some with stained glass windows. The leader of the Russian Revolution, Vladimir Lenin, … Continue reading Unreliable Subsidised Wind & Solar – Destroyers of Worlds – Have Become Economic Death
Killing Australia’s Renewable Energy Target an Essential Economic Reboot
Combining climate with energy in a single policy setting is like combining a running child with super-sharp scissors: an unhealthy mix, prone to disaster. The concept of cutting CO2 emissions from a system which is built (and continues to rely) on coal-fired power generation, has the necessary and inevitable result of killing that system. Wind … Continue reading Killing Australia’s Renewable Energy Target an Essential Economic Reboot
Renewable Target Revolt: Desperate Coalition MPs Demand New HELE Coal Plants
In Canberra, the politics of power has become a veritable powder keg for the patrician and aloof PM, Malcolm Turnbull. His hapless sidekick, Josh Frydenberg will go down in history as the man who, almost single-handedly, destroyed Australia’s enviable wealth and hard fought for prosperity. As power hungry businesses have just worked out, Australia’s … Continue reading Renewable Target Revolt: Desperate Coalition MPs Demand New HELE Coal Plants
Australia’s Renewable Energy Calamity: The Never Ending Story Continues
Australians probably feel like they’re stuck in the MA+ sequel to The Never Ending Story - a horror movie in which a band of lunatics, driven by greed, stupidity and ideology took a little under a decade to destroy a once wealthy and prosperous Nation, while their renewables rent-seeking mates pocketed more than $60 billion … Continue reading Australia’s Renewable Energy Calamity: The Never Ending Story Continues
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