Category: power prices

Wind Farms: Nothing More than Power-Grid-Parasites

**** Apart from the insane cost of propping up near bankrupt wind power outfits – like Infigen – with $ billions in subsidies in the form of the REC Tax/Subsidy – the wind industry gets to “free-ride” on the Australian electricity consumer in at least 2 ways. The first is getting preferential distribution of the … Continue reading Wind Farms: Nothing More than Power-Grid-Parasites

RET Review Panel says: Now THAT’S a Submission

In the week just gone, eco-fascist blogs like yes2ruining-us and ruin-economy have crowed about their team sending 23 million submissions to the RET Review Panel (okay, so we’ve exaggerated a bit, but so did they – and you get our point). Likewise, the Twitter-sphere has seen a flurry of self-congratulatory messages from the lunatic fringe … Continue reading RET Review Panel says: Now THAT’S a Submission

The Renewable Energy Target & the REC Tax: a Political Time-Bomb for Tony Abbott

**** Following the Coalition’s first budget, Australian political discourse is bouncing firmly along the bottom of the gutter. Barrackers for the hard-green-left lunatic fringe - like the ABC, SBS and the Fairfax Press - have taken to seizing on Coalition “horrors”: like the fact that the Treasurer and Finance Minister were unrepentant about being “caught” … Continue reading The Renewable Energy Target & the REC Tax: a Political Time-Bomb for Tony Abbott

Australia’s Miners say: “Tony, it’s Time for the Great Big Toxic REC Tax to GO”

**** As the RET Review Panel get ready to help axe the mandatory Renewable Energy Target, Australia’s miners have united to brand the RET a guaranteed “job killer” and just “plain crazy”. The miners quite rightly identify the Renewable Energy Certificates (RECs) issued under that policy as an enormous and unnecessary cost burden to households … Continue reading Australia’s Miners say: “Tony, it’s Time for the Great Big Toxic REC Tax to GO”

Energy Market Gorillas Beat Up on the Wind Power Monkeys

**** The opportunity to make submissions to the RET Review Panel ended last Friday. The Panel’s mailbox has been stuffed with cracking submissions from Australia’s leading energy market economists, business groups and, more importantly, the really BIG players in Australia’s energy market (let’s call them the “energy market gorillas”). Two of the biggest - Origin … Continue reading Energy Market Gorillas Beat Up on the Wind Power Monkeys

Alan Moran: time to Terminate the Great RET Scam

**** Alan Moran took on the role of RET “Terminator” some time back (see our post here). For Alan the driving question is not: “are you John Connor?” – it’s more like “are you Miles George?” – or any other wind industry rent-seeker hoping to continue stealing from Australian power punters, for that matter. But … Continue reading Alan Moran: time to Terminate the Great RET Scam

UK Energy Policy: Complete Bedlam as the Lunatics take over the Asylum

  Since the 14th Century, the term “Bedlam” has been a well-worn figure of speech used to signify a state of madness, chaos, and the often irrational nature of the world. As any good Brit knows, Bedlam was a notorious mental institution - dating back to the reign of Henry III. In modern times, the … Continue reading UK Energy Policy: Complete Bedlam as the Lunatics take over the Asylum

Australian Wind Industry’s House of Cards Collapsing

**** With Australia’s wind industry in its death throes, STT has already given fair warning to bankers, investors and shareholders with so much as a cent in wind power companies to grab their cash and get out as fast they can (see our post here). All-wind-power-outfits - like our favourite whipping boys, Infigen - are … Continue reading Australian Wind Industry’s House of Cards Collapsing

Dick Warburton: is the RET worth the Pain inflicted on Families & Business?

As STT followers know, the RET Review Panel is headed up by Dick Warburton - a man who’s acutely aware of the pain being inflicted on Australian families and business by the mandatory Renewable Energy Target. Since Dick was appointed to conduct the first thorough cost/benefit analysis of the mandatory RET ever undertaken, the wind … Continue reading Dick Warburton: is the RET worth the Pain inflicted on Families & Business?

Slash Wind Power Subsidies & Bring Power Prices Back to Earth

With Australia’s wind industry gasping its last breath, their hired spruikers at the Clean Energy Council have taken to peddling the incredible tale that wind power has led to a REDUCTION in our power bills. Trouble is that wind power generation (the product of the mandatory RET - which has been in operation since 2001) … Continue reading Slash Wind Power Subsidies & Bring Power Prices Back to Earth