Britain’s political betters have set it up for one enormous gamble. Britain is wagering its entire economic future on its – out of control – wind power boondoggle. Back in January, The Economist reported on the INSANE cost of delivering offshore wind power – where generators are guaranteed obscene returns – being able to charge … Continue reading Brits Being Fleeced for £billions by Offshore Wind Farm Outfits
Category: power prices
Tony Abbott: RET a Threat to Jobs in All Industries (not just Aluminum Smelters)
**** Over the last week or two the press has been giving a fair bit of coverage to the fact that there are 25 Coalition Members who are trying to find a “Goldilocks solution” to the disaster that is the mandatory Renewable Energy Target. The group - which is being directed by Ian “Macca” Macfarlane … Continue reading Tony Abbott: RET a Threat to Jobs in All Industries (not just Aluminum Smelters)
Germans Finally Take the Axe to Wind Power Subsidies
**** Germany’s renewable policy – referred to as the “Energiewende” – has seen €billions in power consumer/taxpayer subsidies thrown at wind and solar power at the expense of German industry, manufacturing and families. Skyrocketing renewables driven power prices are sending once competitive manufacturers and industries to the USA to benefit from energy made cheap by … Continue reading Germans Finally Take the Axe to Wind Power Subsidies
Renegade PUP – Jacqui Lambie – Heralds Demise of the Mandatory RET
The credibility of any political party pronouncing any policy position is directly proportional to the unity demonstrated by elected members within that party: Politics 101. Barely a week has passed since big Clive Palmer announced that his Palmer United Party (PUP) would use its balance of power in the Senate to block any changes whatsoever … Continue reading Renegade PUP – Jacqui Lambie – Heralds Demise of the Mandatory RET
A “Sweet” Renewable Future for FNQ: or, “Is there Method in Palmer’s Madness”?
**** As STT has already pointed out, retaining the Clean Energy Finance Corporation and the mandatory RET makes no sense for a political party which helped to kill the “carbon” tax (with no ETS to replace it) because of the punishment it caused to businesses and households through spiralling electricity bills. Since big Clive’s announcement, … Continue reading A “Sweet” Renewable Future for FNQ: or, “Is there Method in Palmer’s Madness”?
Wind Industry Doomed as Smokin’ Joe Hockey Shuts Down CEFC Lending for Wind Farms
**** Having killed the “carbon” tax in an eye-blink - a business killing and family punishing $23 a tonne tax on carbon dioxide gas - Clive Palmer vowed to use his ability to block legislation proposed by the Coalition in the Senate to prevent any changes to the mandatory Renewable Energy Target; and the abolition … Continue reading Wind Industry Doomed as Smokin’ Joe Hockey Shuts Down CEFC Lending for Wind Farms
Alan Moran: Wind Power FAILS on all Scores
**** Renewable energy as a means of reducing emissions fails two key tests Herald Sun Alan Moran 26 June 2014 REGULATORY change will always disadvantage some while advantaging others. But the benefits of deregulation far outpace the costs and Australia carries a weighty regulatory burden, one that has deprived us of enjoying the world’s highest … Continue reading Alan Moran: Wind Power FAILS on all Scores
PM’s Top Advisor – Maurice Newman – Hammers Palmer’s “Inconsistent” RET Plan
As the dust settles on the Palmer/Gore circus of the bizarre, it’s now evident that the PUP’s leader has pulled one the greatest confidence tricks since Paul Newman and Robert Redford joined forces in “The Sting”. As the hard-green-left stared in awe at their grand warming alarmist, Palmer slipped through the net unnoticed. It was … Continue reading PM’s Top Advisor – Maurice Newman – Hammers Palmer’s “Inconsistent” RET Plan
Power Prices“r”UP: Clive Palmer Determined to Destroy Australian Business and Crush Australian Families
**** Australian politics is (sadly) renowned for its “colour” - and there are few more colourful than Queensland’s political “giant”, Clive Palmer. Head of the PUP – or the “Prices“r”UP” Party. Yesterday - in a circus so bizarre that PT Barnum would have been left speechless - Palmer teamed up with none other than Al … Continue reading Power Prices“r”UP: Clive Palmer Determined to Destroy Australian Business and Crush Australian Families
Kelly O’Dwyer & Angus Taylor Join in a Wreck the RET Duet
With the RET Review Panel sharpening their axes – and all set to recommend the abolition of the mandatory RET - the wagons are being circled within Coalition ranks. The vast majority of Coalition members are in favour of scrapping the mandatory RET in its entirety. And barely a day passes without another of their … Continue reading Kelly O’Dwyer & Angus Taylor Join in a Wreck the RET Duet
