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 […]

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 […]

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, […]

Sheik-Down, Down-Under: Saudi Billionaire Pockets $300m in Renewable Subsidies

Saudi solar tycoon’s $300m handout The Australian David Crowe 19 September 2017 Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test of the federal government’s looming energy reforms, escalating a dispute over whether to cut the handouts to keep coal-fired […]

Wind Industry Demands End to Subsidies: Wind Power Now Cheaper than Coal & Gas-Fired Power

Admit it, we had you there for a moment. No, our headline is definitely fake news. However, if the wind industry was taken at its word (unlikely) then the subsidies would have ended years ago. The likes of AGL, the Clean Energy Council and a whole band of wind worshipping lunatics have been telling us […]

Government Brawl with AGL Signals End of Renewable Subsidies

All of a sudden, everybody is interested in electricity. As a result, Australia’s patrician and aloof PM, Malcolm Turnbull has been gifted with any number of self-appointed energy market advisors. The quality of the advice tends to vary, and the solutions proffered generally have something to do with whether the protagonist is invested in the […]