Reports of the ‘death of coal’ have been greatly exaggerated. Around 80% of Australia’s electricity comes from coal-fired plant; with most of the balance from gas and hydro, in that order. No amount of statistical finessing from the wind and solar industries can budge their presently risible contributions to Australia’s power needs above more … Continue reading Australia’s Rocketing Prices & Looming Summer Blackouts Ensure Coal-Fired Power has a Long Way to Run
Tag: Australian power prices
RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business … Continue reading RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
Wind Power: The Mother of All Taxpayer Subsidised Scams
STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind … Continue reading Wind Power: The Mother of All Taxpayer Subsidised Scams
Power Consumers’ Punishment Continues, as Energy Giants Chase Phoney ‘Green’ Dollars
Green virtue signalling among Australia’s energy giants is now a ‘thing’. However, dig a little deeper and it’s clear that the thing is all about making money from a gullible proletariat, aided and abetted by a witless media. Fortunately, Terry McCrann isn't among them. BHP displays suicidal tendencies in support of green policies The … Continue reading Power Consumers’ Punishment Continues, as Energy Giants Chase Phoney ‘Green’ Dollars
Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Ian Plimer is an Australian geologist, professor emeritus of earth sciences at the University of Melbourne, professor of mining geology at the University of Adelaide, and the director of multiple mineral exploration and mining companies. He has published numerous scientific papers, 7 books and is one of the co-editors of Encyclopedia of Geology. Ian also … Continue reading Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators
AGL shows why power generators shouldn’t be energy retailers The Australian Judith Sloan 26 September 2017 Former senior executives of AGL must surely be shaking their heads in dismay. As the oldest listed company in the country, AGL has a tradition of measured and conservative conduct, as would be expected of a utility in the … Continue reading Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators
American Lunatics Destroying Australia’s Power Supply: AEMO Head, Audrey Zibelman Pushes RET Suicide Pact
Our overseas followers must regard Australia with complete bewilderment. Here’s a Country renowned for being among the world’s largest coal, gas and uranium exporters and, yet, it is in the midst of a self-inflicted power pricing and supply calamity. Throwing $60 billion in subsidies at intermittent wind and solar power has all but destroyed the … Continue reading American Lunatics Destroying Australia’s Power Supply: AEMO Head, Audrey Zibelman Pushes RET Suicide Pact
End of Days: Australia’s Renewable Energy Target on the Brink of Collapse
STT has been plugging away for almost 5 years, attempting to bring to an end to the greatest economic and environmental fraud of all time. Followers might have noticed that over the last month or so, our focus has been on Australia and the politics of power. Our overseas followers are probably getting sick of … Continue reading End of Days: Australia’s Renewable Energy Target on the Brink of Collapse
Australia’s Runaway Power Prices Kill Renewables-Rent-Seekers’ Dreams
Those who have spent the last decade or so milking wind and solar subsidies, probably thought the rort would last forever. When the Large-Scale Renewable Energy Target was upped to 41,000 GWh in 2010, renewables-rent-seekers thought that figure was set in stone. Until it wasn’t. Despite a hostile Senate and rats in his own ranks, … Continue reading Australia’s Runaway Power Prices Kill Renewables-Rent-Seekers’ Dreams
Australia’s ‘Green’ Dream Turns Political Nightmare: Coalition Backbench in Revolt Against Renewables
If history offers any lessons to our political masters, it has to include those occasions when a fed up proletariat rose up and overthrew those in charge. Australia may not literally be on the brink of a civil revolt. However, there is most certainly a revolt underway in the Federal Liberal/National Coalition government. The Nationals … Continue reading Australia’s ‘Green’ Dream Turns Political Nightmare: Coalition Backbench in Revolt Against Renewables
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