National Energy Guarantee Spells Doom for Wind Power: Mere Threat of NEG Smashes Wind Power Outfits’ Share Prices

The wind industry in Australia is doomed, and it knows it. Power consumers who have received power bills since retail rates increased fully 20% in July, are furious; tens of thousands simply can’t pay them and have been put on ‘payment plans’, while thousands more have simply been disconnected from the grid, unable to pay […]

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 […]

Brewing Voter Fury Guarantees End to Australia’s Renewable Energy Target

  Pensioners who can no longer afford power vote. The adult children of those pensioners vote. South Australian businessman, Stephen Scherer – owner of Plastic Granulating Services – who was forced to permanently shut the gates on an otherwise profitable business when his power bill went from $80,000 a month to $180,000 a month votes. […]

Liberal MPs Demand End to RET: Crippling Power Costs Leaves Thousands of Australian Families Totally Powerless

  What happens next in Australian politics will determine the proportion of the next generation that grows up in households knowing the benefits of having electricity, as against those children who will enter life and grow up in homes deprived of what is properly considered a necessary component of a decent, civil society. Right now […]

Australia’s Wind Power Calamity: Canberra’s Government Tells Households to Rug-Up with Blankets

  The ACT government did something that every bunch of green-left ideologically driven lunatics are programmed to do: it set a 90% Renewable Energy Target. The ACT government is in a joint venture power retailing business with Australia’s ‘Enron’ aka AGL, ActewAGL; and, in an effort to satisfy its costly vanity project, went far and […]

Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills

*** STT called Alan Finkel’s report on Australia’s renewable energy debacle a mix of Lewis Carroll’s Through the Looking Glass and Goldilocks. As commentators chew through Finkel’s rubbery figures, it is apparent that our description was not just fair but accurate. New electricity reform details cut off promised $90 saving The Australian David Crowe 16 […]