Government-mandated subsidies for wind and solar represent the greatest wealth transfer since England’s ‘Bad’ King John sought to tax himself to ultimate power and his enemies out of existence. His description as “avaricious, miserly, extortionate and moneyminded” applies with equal force to today’s crony capitalist kings – the renewable energy rent seekers. Had King John known … Continue reading You Pay For The Rise and Riches of Wind & Solar’s Rent-seeking ‘Entrepreneurs’
Category: power prices
Wind & Solar Cult Can’t Mount Convincing Case Against Nuclear Power Generation
When Finland powered up its latest nuclear power plant in April wholesale power prices dropped 75%, almost overnight. The Olkiluoto 3 plant (above) is fully operational, generating 1,600 MW of electricity on demand (irrespective of the weather), and delivering 15% of the country’s power needs. Nuclear now provides around half of the country’s total electricity … Continue reading Wind & Solar Cult Can’t Mount Convincing Case Against Nuclear Power Generation
Destination Disaster: Why Wind & Solar ‘Transition’ Guarantees Mass Blackouts & Crippling Prices
Backing ideology over sound engineering was never the smartest ploy. Now the ideologues are in a flat panic as the public begins to realise that they’ve been lied to, all along. The ‘renewables are cheap’ story doesn’t seem to cut it anymore, with Australian households and businesses set for 25-30% increases in their power bills … Continue reading Destination Disaster: Why Wind & Solar ‘Transition’ Guarantees Mass Blackouts & Crippling Prices
Wind & Solar ‘Transition’ Turning First World Economies Into First Order Disasters
Make electricity unreliable and unaffordable and you’ll soon turn your economy to ashes. Australia is on the brink of a major recession, and energy costs are front and centre. Power prices will jump by 25 to 30% next month following the closure of yet another perfectly operable 2,000MW coal-fired power plant. Since the Federal Government’s … Continue reading Wind & Solar ‘Transition’ Turning First World Economies Into First Order Disasters
Punishment Guaranteed: Wind & Solar ‘Transition’ Delivers Power Price Shock
The clowns have taken over the circus and are firmly in charge of energy policy, which in its design and implementation makes a three-ringed circus look like a Benedictine Monastery. It's said you shouldn't put down to conspiracy what can be chalked up to incompetence. Well, with Australian power prices rising at double-digit rates every … Continue reading Punishment Guaranteed: Wind & Solar ‘Transition’ Delivers Power Price Shock
Subsidised Wind & Solar Delivering Crushing Power Prices For Energy-Starved Californians
Looking for insight into the wind and solar ‘transition’? Then start with California - where power prices are crushing the poorest households, and blackouts and routine power rationing are now an accepted part of their attempt to run on heavily subsidised and chaotically intermittent wind and solar. Power prices, already the highest in the USA, … Continue reading Subsidised Wind & Solar Delivering Crushing Power Prices For Energy-Starved Californians
Europe’s Renewables Reckoning: Power Rationing & Punishing Power Prices Killing Thousands
For the poorest and most vulnerable, staying warm in winter is a daily battle for survival. Thanks to Europe’s (literally suicidal) wind and solar ‘transition’, power prices have spiralled out of control and in Germany power rationing is now routine, likewise in Britain. The Germans, of course, led the charge when it came to throwing … Continue reading Europe’s Renewables Reckoning: Power Rationing & Punishing Power Prices Killing Thousands
Australians Count Cost of Wind & Solar ‘Transition’: Power Prices Jump 25-30%
Following the closure of another coal-fired power plant, Australians have just been told their power bills will jump by 25 to 30% come July. That colossal hike follows annual, double-digit increases every year, for the best part of a decade (see above). $60 billion in subsidies (so far) to chaotically intermittent wind and solar was … Continue reading Australians Count Cost of Wind & Solar ‘Transition’: Power Prices Jump 25-30%
Ireland Squanders €1.3 Billion on Wind Power & Gets World’s Most Expensive Power In Return
Death and taxes are certainties, so is the fact that power prices soon rocket out-of-control, once your power needs depend on the weather. Ireland is no exception. More than €1.3 billion in subsidies has been thrown at wind power outfits in less than a decade, and with little to shown in return - unless, of … Continue reading Ireland Squanders €1.3 Billion on Wind Power & Gets World’s Most Expensive Power In Return
Australian Energy Minister’s Rejection of Nuclear Power Wins Prize For Dumbest Policy Move Ever
Apart from wrecking Australia’s reliable and affordable power supplies, there is no Plan A for energy. And there clearly isn’t a Plan B. The Minister in charge of the current fiasco is Chris Bowen. A man who fails to exhibit any sign of intellect, let alone any indication of insight or wisdom. His maniacal mission … Continue reading Australian Energy Minister’s Rejection of Nuclear Power Wins Prize For Dumbest Policy Move Ever