Maurice Newman was the former head of Deutsche Bank, the ABC and ASX so you’d think he might know a thing or two about the big end of town. When it comes to giant fans Maurice doesn’t mince his words: calling wind power “a crime against the people” (see our post here). Maurice has also … Continue reading Tony Abbott’s Business Advisor, Maurice Newman says: “RET is killing manufacturing”
Category: power prices
Keith De Lacy: “New” Labor – Out to Punish the Poor & Get Rich
*** A few posts back we looked at how South Australia went from economic zero to economic hero during the 1950s and 1960s - with the help of a pragmatic Adelaide Hills farmer, Sir Tom Playford. Tom created a manufacturing and industrial investment paradise - principally by making cheap and reliable power available through the … Continue reading Keith De Lacy: “New” Labor – Out to Punish the Poor & Get Rich
Game On: the Race to Kill the RET
**** With the Head Boy, Tony Abbott recently signalling the demise of the RET (see our post here) Labor apparatchiks have gone into a flat panic. Labor is a party that’s controlled by Australia’s Unions - and fed and fattened on a steady diet of the money controlled by Union backed Superannuation funds. Over the … Continue reading Game On: the Race to Kill the RET
ETSA: Sir Tom Playford’s Ghost
**** Once upon a time, in a land far, far away there was a place called South Australia - and it enjoyed electricity delivered reliably and at retail prices amongst the lowest in the world (no, it wasn’t a dream). The brainchild of agrarian socialist, Liberal Premier, Sir Thomas Playford, the Electricity Trust of South … Continue reading ETSA: Sir Tom Playford’s Ghost
Merry Christmas to you & Happy Birthday to STT
12 months on – with another Christmas behind us - STT thinks it time to box up our festive loot, put our boots up and rest on our laurels for a moment. We’ve just cracked 350,000 views, which means we’ve averaged 959 views for every one of the 365 days that we’ve been giving the … Continue reading Merry Christmas to you & Happy Birthday to STT
Macca shoulder to shoulder with Tony Abbott as PM signals end for RET
Last Wednesday, Action Man Abbott fronted the Canberra press gallery and delivered a speech that signals the end of Australia’s insanely expensive (and completely pointless) Renewable Energy Target (RET). Tony outlined the Coalition’s vision for restoring Australia’s beleaguered manufacturing sector, no doubt, in response to General Motor’s recent announcement that it will pull the … Continue reading Macca shoulder to shoulder with Tony Abbott as PM signals end for RET
British Energy Minister says scrap “Immoral” subsidies to wind power
In further proof that this scam is on its last legs the British Energy Minister, Michael Fallon has called for the obscene subsidies to wind power to be scrapped. Here’s Utility Week on the trail. ‘Immoral’ subsidies to wind and solar need to be stopped Utility Week 2 December 2013 “Immoral” subsidies for onshore windfarms … Continue reading British Energy Minister says scrap “Immoral” subsidies to wind power
Trawool Legend Tim Brew gives Infigen a serve
After VCAT’s disgraceful Cherry Tree decision, Trawool Valley locals have thrown down the gauntlet. Here’s Trawool legend Tim Brew unloading on STT’s favourite whipping boys Infigen (aka Babcock and Brown). "EXPOSED" BY Tim Brew Having sat through most days of VCAT, I say thanks for the education. “You donʼt know who is swimming naked till … Continue reading Trawool Legend Tim Brew gives Infigen a serve
German Offshore Fan Plan almost Kaput
The bigger they come, the harder they fall. And none will fall harder than the German wind weasel. Germans have woken up to the obscene costs of supporting a power generation system based on perverse ideology – rather than economic (or even common) sense. Here’s Der Spiegel on how the scam is grinding to a … Continue reading German Offshore Fan Plan almost Kaput
British “Turbine-Toffs” reap cash-Bonanza at punters’ expense
British Toffs are, apparently, in dire need, so why shouldn't British power punters stump up a fat pile of cash to keep them in the manner they've become accustomed to? Wind turbines trash the landscape for the benefit of billionaires The Guardian Simon Jenkins 5 December 2013 Is it fair for the chancellor to cut … Continue reading British “Turbine-Toffs” reap cash-Bonanza at punters’ expense
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