Australia’s Renewable Policy Destroying Jobs: Miners Facing Power Price & Supply Crisis

Australia’s enviable prosperity isn’t due to sunshine and breezes, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium of the kind being gouged out of the ground by BHP Billiton at Roxby Downs in South Australia’s North (see above). How long Australia maintains its wealth is down to […]

Wind Industry Armageddon: Power Retailers Win Round One in Battle to Kill LRET

**** As STT has pointed out, just once or twice, the policy debacle that is the Large-Scale Renewable Energy Target (LRET) is completely unsustainable, on every level: economic, social and political. In the absence of the mandated subsidies (“the carrot”) directed to wind power outfits, and the mandated penalties (“the stick”) whacked on retailers under […]

Mandatory RET Just Another Form of Punishment for the Poor

**** The mandatory RET has seen around $9 billion worth of Renewable Energy Certificates issued to wind power outfits, so far; the cost of which has been added to retail power prices and recovered from all Australian power consumers. With a further $50 billion to be transferred from power consumers to wind power outfits via […]

Tony Abbott: RET a Threat to Jobs in All Industries (not just Aluminum Smelters)

**** Over the last week or two the press has been giving a fair bit of coverage to the fact that there are 25 Coalition Members who are trying to find a “Goldilocks solution” to the disaster that is the mandatory Renewable Energy Target. The group – which is being directed by Ian “Macca” Macfarlane […]

Mandatory RET the Nail in the Coffin for Aluminium Processors

**** When it comes to rock scratching Australia is one of the world’s biggest: bauxite is no exception. Australia currently has 5 bauxite mines in operation: Boddington (Western Australia) – BHP Billiton – Worsley Alumina; Gove (Northern Territory) – Pacific Aluminium; Huntly (Western Australia) – Alcoa of Australia; Willowdale (Western Australia) – Alcoa of Australia; […]