**** 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
Category: RET Review
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
Infigen Signals Its Own Demise – as the RET Review Panel Gets to Work
**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown – which collapsed spectacularly in 2009 – taking $10 billion of investors’ and creditors’ money with it on the way out (see this story). The way things are headed - get set for a replay. Infigen is bleeding cash (it backed up … Continue reading Infigen Signals Its Own Demise – as the RET Review Panel Gets to Work
Ontario’s Progressive Conservative’s Leader Tim Hudak – Didn’t Drink the Kool-Aid
**** Jim Jones was a charismatic cult leader with a colourful past who - amid allegations that he’d been physically, emotionally, and sexually abusing his acolytes at his San Francisco compound - fled the US and set up a new camp at “Jonestown”, Guyana. Close to 1,000 of his “disciples” followed him South - lured … Continue reading Ontario’s Progressive Conservative’s Leader Tim Hudak – Didn’t Drink the Kool-Aid
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
Time to let the RET Review Panel Know What You Think
As STT’s loyal followers know, Australia is all set to decouple itself from the international economic suicide pact entered when gullible and unwitting governments all over the world signed up to ludicrously expensive and utterly pointless renewables policies. The Coalition are itching to scrap the Renewable Energy Target - and the RET Review Panel appear … Continue reading Time to let the RET Review Panel Know What You Think
STOP THESE THINGS 