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 industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that … Continue reading Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers
Tag: 50% renewable energy target
Determined to Destroy Cheap Power Supplies – Renewables Zealots Out to Kill the Poor
Those smug know-it-alls that champion wind and solar power persistently claim the high moral ground, but religiously ignore the inevitable victims of their faux eco-zealotry: the poorest and most vulnerable in society, for whom paying for power has become an existential battle. To the billions in the Third World, where electricity has for too long … Continue reading Determined to Destroy Cheap Power Supplies – Renewables Zealots Out to Kill the Poor
Why Wind Power is the Greatest Economic & Environmental Fraud in History
When called upon the think of certainties, gravity springs to mind (at least on earth). Although, for the wind industry it does tend to deliver harsh results - see above, yet another fatal collapse, this time in Lincoln, Nebraska. Another certainty, is that once people tackle the facts, they turn against wind power with a … Continue reading Why Wind Power is the Greatest Economic & Environmental Fraud in History
Renewables Debacle Double-Up: National Energy Guarantee Renders RET Redundant
Sometimes there is only room enough in town for a single gunslinger. As Gary Cooper demonstrated, more than once, when it comes to a showdown, one or more of them has to go. Because Malcolm Turnbull’s proposal for a National Energy Guarantee is a policy directed at undoing the obvious and inevitable harm that the … Continue reading Renewables Debacle Double-Up: National Energy Guarantee Renders RET Redundant
Blackouts Loom: National Energy Guarantee Aims to Keep Australia’s Lights On When the Wind Stops Blowing
With reliable power in short supply this coming Summer (and beyond), PM, Malcolm Turnbull was bound to act. In yesterday’s post, we detailed how the National Energy Guarantee is meant to work, what it does and what it will not do. At the heart of the NEG is a simple objective: keep everyone’s lights and … Continue reading Blackouts Loom: National Energy Guarantee Aims to Keep Australia’s Lights On When the Wind Stops Blowing
The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs
Energy firms gaming system: BlueScope Steel boss The Australian Matt Chambers 12 October 2017 BlueScope Steel chief executive Paul O’Malley says power prices will rise under a clean energy target if baseload sources such as NSW’s Liddell coal-fired power station close, and that a more urgent 10-year baseload transition plan is needed. Mr O’Malley, whose … Continue reading The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs
Australia’s Rocketing Prices & Looming Summer Blackouts Ensure Coal-Fired Power has a Long Way to Run
Reports of the ‘death of coal’ have been greatly exaggerated. Around 80% of Australia’s electricity comes from coal-fired plant; with most of the balance from gas and hydro, in that order. No amount of statistical finessing from the wind and solar industries can budge their presently risible contributions to Australia’s power needs above more … Continue reading Australia’s Rocketing Prices & Looming Summer Blackouts Ensure Coal-Fired Power has a Long Way to Run
RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business … Continue reading RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
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
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