Turnbull Plays ‘The Man from Snowy River’ in Uncosted Pumped Hydro Plan

Hardly renowned for his political masterstrokes, Malcolm Turnbull has just drenched the opposition with his Snowy 2.0 plan. The Snowy Hydro Scheme is – without doubt – the single greatest renewable energy project ever built in Australia – with a mammoth 3,950 MW of capacity, which is available on-demand (unlike the infantile nonsense that is wind […]

PM Hopes to Salvage LRET & Wind Industry by Reviving Renewables Slush Fund

**** In Australia, the fact that the Large-Scale RET was slashed once (from a 41,000 GWh annual target to 33,000GWh) guarantees that no commercial retailer will enter a long-term Power Purchase Agreement with a wind power outfit; and, accordingly, that no commercial banker will lend money for any new wind farms (see our post here). […]

The Tangled Web: John Madigan Exposes the Greens as a Paid-Up Wind Industry Front

The good Senator from Victoria, John “Marshall” Madigan is on fire. Having skewered the former tobacco advertising guru – who claims to be an “expert” on well, just about everything (see our post here) – the Marshall has just launched an Exocet missile at the seedy world of hard-green-left politics and the big corporate interests […]

Alan Moran: time to Terminate the Great RET Scam

**** Alan Moran took on the role of RET “Terminator” some time back (see our post here). For Alan the driving question is not: “are you John Connor?” – it’s more like “are you Miles George?” – or any other wind industry rent-seeker hoping to continue stealing from Australian power punters, for that matter. But […]

Infigen Signals Its Own Demise – as the RET Review Panel Gets to Work

**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown – which collapsed spectacularly in 2009 – taking $10 billion of investors’ and creditors’ money with it on the way out (see this story). The way things are headed – get set for a replay. Infigen is bleeding cash (it backed up […]

STT scoops The Australian on green-slush fund shenanigans

Always ahead of the hack-pack, STT beat The Australian to the story of how the CEFC and ARENA fund are shovelling out $millions to their wind farm operator mates in our post last Friday, “On the Hunt for the missing $millions”. Anyway, better late than never, here’s today’s effort in the Oz. Green funding rush […]

On the Hunt for the missing $millions

STT has heard that the greentards in charge of the ARENA fund and the Clean Energy Finance Corporation have been shoveling millions of dollars out the door to their wind industry mates, as fast as they can over the last few weeks. The plan is to fund as many wind farm proposals as possible before […]