**** STT followers are painfully aware that the wind industry exists - and ONLY exists - to wallow in an endless stream of subsidies filched from power consumers and/or taxpayers: The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 1) The Wind Industry: Always and Everywhere the Result of Massive … Continue reading Wind Industry Pockets Lion’s Share of Subsidies for Commercially Generated Power
Category: power prices
Germany’s Wind Power Surges Plunge Their Neighbours Into Darkness
**** The economics of Germany's “Energiewende” are so bizarre, that you’d think it had been put together by the GDR’s ‘brains trust’, before the Berlin Wall took its tumble in 1989. In Germany, around €100 billion has already been burnt on renewable subsidies; currently the green energy levy costs €56 million every day. And, the … Continue reading Germany’s Wind Power Surges Plunge Their Neighbours Into Darkness
Labor’s Renewable Target is Pure Insanity: the Coalition’s Target is Simply Madness
**** When Electricity Bill Shorten came out to announce Labor’s 50% renewable energy target, a couple of weeks back, Tony Abbott quite rightly jumped on it as an economy destroying policy, that would drive power prices through the roof; energy intensive businesses offshore; and households into a dim, dark electricity free future. And fair enough: … Continue reading Labor’s Renewable Target is Pure Insanity: the Coalition’s Target is Simply Madness
South Australia’s Unbridled Wind Power Insanity: Wind Power Collapses see Spot Prices Rocket from $70 to $13,800 per MWh
**** To call what South Australia's Labor government has 'gifted' their constituents an energy 'policy', is to flatter it as involving some kind of genuine 'design'. It's an economic debacle, pure and simple. The current mess started under former Premier, Mike Rann - a former spin-doctor, whose relatives lined up at the wind power subsidy … Continue reading South Australia’s Unbridled Wind Power Insanity: Wind Power Collapses see Spot Prices Rocket from $70 to $13,800 per MWh
US Wind Power Spruikers – AWEA – Caught Lying About Wind Power Costs
**** The wind industry was built on lies, half-truths and critical omissions - and it preys on misconception, ignorance and downright stupidity. The stanedard tactics are to go on the offensive, with well-oiled spin from the wind industry’s “play-book”. However, as time marches on, the myths and lies are being called for what they are. … Continue reading US Wind Power Spruikers – AWEA – Caught Lying About Wind Power Costs
Senate Recommendations Spell ‘DOOM’ for the Australian Wind Industry
**** The wind industry in Australia, already belted, battered and bruised, has just been delivered what STT considers the fatal blow. On Friday just gone, the front page of The Australian carried the headline “Call to curb wind subsidies” in an “exclusive” penned by STT Champion, Graham Lloyd - the full report appeared on page … Continue reading Senate Recommendations Spell ‘DOOM’ for the Australian Wind Industry
Rocketing Power Prices see Subsidies Slashed, Bringing Europe’s Wind Industry to its Knees
**** The Australian wind industry is copping a belting from all sides at the moment. With the Senate Inquiry about to release its final report on the great wind power fraud; retailers flatly refusing to enter long-term Power Purchase Agreements - essential to obtain finance for new wind farms; and with an increasing number of … Continue reading Rocketing Power Prices see Subsidies Slashed, Bringing Europe’s Wind Industry to its Knees
Adam Creighton: Labor’s Ludicrous Wind Power Policy to Squander more than $100 Billion
**** In Sunday’s post, we detailed Labor’s descent into wind power madness – with its impossible push for a 50% renewable energy target. One of the immediate responses has come from the press-pack; who have now turned on the great wind power fraud with a vengeance. Journalists with a modicum of common sense have woken … Continue reading Adam Creighton: Labor’s Ludicrous Wind Power Policy to Squander more than $100 Billion
Electricity Bill Shorten Signs Suicide Note marked ‘Labor’ & ‘the Australian Wind Industry’
**** In a “we can’t believe our luck moment”, Labor’s ‘Electricity’ Bill Shorten came out last week to announce that Australia’s Labor Party is now hell-bent on destroying the Australian economy, with a 50% renewable energy target. Shorten’s lurch to the outer reaches of the intellectual cosmos - to a policy position that only the … Continue reading Electricity Bill Shorten Signs Suicide Note marked ‘Labor’ & ‘the Australian Wind Industry’
Bill Gates says Subsidies for Wind Power a Pointless Waste: Time to Back Nuclear & R&D on Systems that Can Actually Work
**** Gates: Renewable energy can’t do the job. Gov should switch green subsidies into R&D ‘Only way to a positive scenario is innovation’ The Register Lewis Page 26 Jun 2015 Retired software kingpin and richest man in the world Bill Gates has given his opinion that today’s renewable-energy technologies aren’t a viable solution for reducing … Continue reading Bill Gates says Subsidies for Wind Power a Pointless Waste: Time to Back Nuclear & R&D on Systems that Can Actually Work