Clueless: Australia’s Renewable Energy Disaster Deepens as Energy Minister, Josh Frydenberg Fudges & Fumbles

  On the battlefield for Australia’s wealth and future economic prosperity, the forces have been divided between those pushing for the retention of the suicidal renewable energy policies that have all but crippled Australian business – particularly energy hungry businesses, like mining, manufacturing and mineral processing – and those hoping to bring an end to […]

Australia’s Renewable Energy Target: Pure Political Poison for PM, Malcolm Turnbull

Not for the first time and not for the last time, Australia’s PM, Malcolm Turnbull is facing a nemesis of his own creation. The first time round, as Liberal opposition leader, Turnbull’s innate desire to pander to inner-city lefties had him snuggle up to Labor (the party he was naturally designed to lead) and advocate […]

Want to Wreck Your Nation? Plug Into Intermittent Wind & Solar – Australia Did

A week or so back, we picked up on a brilliant article in The Australian by Henry Ergas – Professor of Infrastructure Economics at the University of Wollongong’s SMART Infrastructure Facility – in which he likened Australia’s renewable energy policies to a death wish (our post here). Henry’s back, this time on 2GB detailing the […]

Renewable Energy Debacle: Alan Finkel’s Report a Lost Chance to End Australia’s Self-Inflicted Wind Power Calamity

*** Australia’s self-inflicted power market calamity has resulted in power prices which are now the highest in the world (as of 1 July 2017, South Australia officially tops the international list on that score, and by a comfortable margin) – a disaster for businesses and households in a country which once, not so very long […]

The Sting: How the Wind Industry Pulled Off the Greatest Con-Job in History

*** The 1973 Paul Newman (Henry “Shaw” Gondorff) and Robert Redford (Johnny “Kelly” Hooker) classic, The Sting – set in the heart of the 1930s Depression – pitted the bright and brazen young con-men against one of Chicago’s toughest mobsters in an effort to relieve him of his ill-gotten gains. The film reveals the protagonists’ […]

Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode

*** Renewables rent-seeker, AGL has launched a propaganda war in Australia’s media, since the release of Alan Finkel’s fantasyland review of Australia’s power market calamity. Finkel’s report promised Australia’s very own Enron, among others, the opportunity to rape and pillage in a power market with an effective 42% RET, dominated by intermittent and unreliable wind […]

Alan Finkel’s Bogus Adventure: Staggering Costs of Clean Energy Target Hidden From View

One thing time Finkel will never be accused of is under-selling his 42% renewable energy target, re-boxed and badged as a clean energy target ‘CET’. However, the trouble with hubris is that it does not take very long to prick the over-eager salesman’s balloon. As we pointed out in yesterday’s post, Finkel’s forecast power price […]