STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind … Continue reading Wind Power: The Mother of All Taxpayer Subsidised Scams
Category: power prices
Power Consumers’ Punishment Continues, as Energy Giants Chase Phoney ‘Green’ Dollars
Green virtue signalling among Australia’s energy giants is now a ‘thing’. However, dig a little deeper and it’s clear that the thing is all about making money from a gullible proletariat, aided and abetted by a witless media. Fortunately, Terry McCrann isn't among them. BHP displays suicidal tendencies in support of green policies The … Continue reading Power Consumers’ Punishment Continues, as Energy Giants Chase Phoney ‘Green’ Dollars
Why Governments Refuse to Admit the True & Staggering Cost of Subsidised Wind & Solar
If the true and staggering cost of subsidised wind and solar power were public knowledge, there would be public outrage. For more than a decade the wind industry and its political enablers have trotted out mythical figures, all based on fanciful modelling, claiming that the total cost of renewable power to consumers is less than … Continue reading Why Governments Refuse to Admit the True & Staggering Cost of Subsidised Wind & Solar
Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Ian Plimer is an Australian geologist, professor emeritus of earth sciences at the University of Melbourne, professor of mining geology at the University of Adelaide, and the director of multiple mineral exploration and mining companies. He has published numerous scientific papers, 7 books and is one of the co-editors of Encyclopedia of Geology. Ian also … Continue reading Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators
AGL shows why power generators shouldn’t be energy retailers The Australian Judith Sloan 26 September 2017 Former senior executives of AGL must surely be shaking their heads in dismay. As the oldest listed company in the country, AGL has a tradition of measured and conservative conduct, as would be expected of a utility in the … Continue reading Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators
American Lunatics Destroying Australia’s Power Supply: AEMO Head, Audrey Zibelman Pushes RET Suicide Pact
Our overseas followers must regard Australia with complete bewilderment. Here’s a Country renowned for being among the world’s largest coal, gas and uranium exporters and, yet, it is in the midst of a self-inflicted power pricing and supply calamity. Throwing $60 billion in subsidies at intermittent wind and solar power has all but destroyed the … Continue reading American Lunatics Destroying Australia’s Power Supply: AEMO Head, Audrey Zibelman Pushes RET Suicide Pact
End of Days: Australia’s Renewable Energy Target on the Brink of Collapse
STT has been plugging away for almost 5 years, attempting to bring to an end to the greatest economic and environmental fraud of all time. Followers might have noticed that over the last month or so, our focus has been on Australia and the politics of power. Our overseas followers are probably getting sick of … Continue reading End of Days: Australia’s Renewable Energy Target on the Brink of Collapse
Wind Power Fantasy: 100% Renewable Claims a Mixture of Magic & Pixie Dust
The Magic Pudding’s ability to return to his original form – no matter how many times he was eaten – is the stuff of delicious fantasy. Those pretending that whole economies can run on sunshine and breezes operate under similar economic parameters: summoning up beneficial breezes, when and where needed; conjuring up mythical mega-batteries; and … Continue reading Wind Power Fantasy: 100% Renewable Claims a Mixture of Magic & Pixie Dust
Australia’s Runaway Power Prices Kill Renewables-Rent-Seekers’ Dreams
Those who have spent the last decade or so milking wind and solar subsidies, probably thought the rort would last forever. When the Large-Scale Renewable Energy Target was upped to 41,000 GWh in 2010, renewables-rent-seekers thought that figure was set in stone. Until it wasn’t. Despite a hostile Senate and rats in his own ranks, … Continue reading Australia’s Runaway Power Prices Kill Renewables-Rent-Seekers’ Dreams
Heartless Hypocrites: Renewables Zealots Treat Jobless Thousands as ‘Collateral Damage’
In Australia’s rushed and ridiculous attempt to run on sunshine and breezes, objectivity and compassion were early casualties. Boffins, journalists and pundits from the green-left end of the swamp worship wind and solar power as the beguiled from some mediaeval cult. What singles out these Pinot Gris sipping neo-Marxists is their malignancy towards Australia’s … Continue reading Heartless Hypocrites: Renewables Zealots Treat Jobless Thousands as ‘Collateral Damage’
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