There are good deals, there are bad deals and there are disastrous deals. For Australia the Paris Climate ‘deal’ is a monstrous disaster. The realisation that an energy superpower found itself enmeshed in what is - for all intents and purposes - an international suicide pact, has just hit home. The only justification (if it … Continue reading RE Madness Must End Now: Tony Abbott Calls Time-Out on Economy-Wrecking Paris Climate ‘Deal’
Tag: Australian power prices
Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Coal powers Queensland and its electricity is the cheapest in the nation. Wind and solar power South Australia, and its power is the most expensive in the world. Australia’s energy Minister, Josh Frydenberg is either deluded or lying, when he says that power prices are already on a steady descent. Power costs to business have … Continue reading Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Mission Possible: Runaway Renewable Energy Policy = Australia’s Economic Suicide Pact
It’s possible to turn an energy superpower into an economic disaster: Australia did it in less than a decade. Its energy policy was hijacked by eco-zealots and handed to wind and solar rent-seekers, on a platter. A combination of witless and corrupt politicians meant that the mission was accomplished with the sort of split-second timing … Continue reading Mission Possible: Runaway Renewable Energy Policy = Australia’s Economic Suicide Pact
Renewable Energy Debacle Deepens: Chaotic & Costly Power Destroying Australian Industry
Australian is set to cross the Rubicon: following the path to Nirvana promised by renewable energy zealots, means inevitable economic and social oblivion. As the country continues pouring billions of dollars into the unreliables - wind and solar - power prices will continue to rocket out of control. And, even if an industrial or … Continue reading Renewable Energy Debacle Deepens: Chaotic & Costly Power Destroying Australian Industry
Frydenberg Foiled: Nationals Kill-Off Energy Minister’s National Energy Guarantee
Panic-stricken Liberal and National MPs have killed-off the proposed National Energy Guarantee at birth. Federal Energy Minister, Josh Frydenberg presented a version of the NEG which simply expands the Federal government’s Large-Scale Renewable Energy Target and pushes its operation over the horizon. The model being touted was written by eco-zealots at the direction of … Continue reading Frydenberg Foiled: Nationals Kill-Off Energy Minister’s National Energy Guarantee
National Energy Guarantee: Means Guaranteed Economic Destruction
Renewable energy rent-seekers hijacked the proposed National Energy Guarantee in order to ensure their subsidy-soaked futures. The reliability obligation - which would have guaranteed electricity to all power consumers during any worst-case scenario (eg, the height of summer when air-conditioners are running flat out and breathless weather means wind turbines are flat out producing anything … Continue reading National Energy Guarantee: Means Guaranteed Economic Destruction
War For Australian Business & Families Begins: Government Splits Over Renewable Energy Disaster
Subsidised wind and solar sent Australian power prices through the roof punishing households, threatening businesses and whole industries, without respite. The battle of Australia is about to begin. Upon this battle depends the survival of civilisation as we’ve known it. What follows is a battle for this Country’s very economic future and the social … Continue reading War For Australian Business & Families Begins: Government Splits Over Renewable Energy Disaster
Liberal MPs Demand End to Australia’s Economy-Wrecking, Hidden $60bn Federal Power Tax
Already suffering the world’s highest power prices, Australian power consumers have watched prices jump by anything up to 28% in 12 months. The greatest increases occurred, funnily enough, in the all-renewable obsessed Australia Capital Territory, home to the Australian Federal Parliament in Canberra. The ACT entered power purchase agreements to buy wind power generated (occasionally) … Continue reading Liberal MPs Demand End to Australia’s Economy-Wrecking, Hidden $60bn Federal Power Tax
Energy Minister Delivers Killer-Blow to Australian Industry: Mass Power Cuts Now Formal Government Policy
An obsession with the ‘unreliables’ - wind and solar - has destroyed Australia’s once reliable and affordable power supply. Consistent with that theme, Australia’s Energy Minister has just given the two fingered salute to Australian business. Josh Frydenberg is pushing a National Energy Guarantee which (as pointed out in last night’s post) could have … Continue reading Energy Minister Delivers Killer-Blow to Australian Industry: Mass Power Cuts Now Formal Government Policy
Crunch Time: Australia’s Self-Inflicted Energy Crisis Down to Wind & Solar Obsession
At the heart of Australia’s self-inflicted power pricing and supply calamity is an obsession with intermittent and unreliable wind and solar. Mandated and massive subsidies - that those attempting to deliver electricity using nature’s wonder fuels have been wallowing in since the Australian Labor Party seriously upped the RE ante in 2010 - resulted in a … Continue reading Crunch Time: Australia’s Self-Inflicted Energy Crisis Down to Wind & Solar Obsession
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