On the battlefield for Australia’s wealth and future economic prosperity, the forces have been divided between those pushing for the retention of the suicidal renewable energy policies that have all but crippled Australian business - particularly energy hungry businesses, like mining, manufacturing and mineral processing - and those hoping to bring an end to … Continue reading Clueless: Australia’s Renewable Energy Disaster Deepens as Energy Minister, Josh Frydenberg Fudges & Fumbles
Tag: Australian power prices
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. … Continue reading Brewing Voter Fury Guarantees End to Australia’s Renewable Energy Target
Want to Wreck Your Nation? Plug Into Intermittent Wind & Solar – Australia Did
A week or so back, we picked up on a brilliant article in The Australian by Henry Ergas - Professor of Infrastructure Economics at the University of Wollongong’s SMART Infrastructure Facility - in which he likened Australia’s renewable energy policies to a death wish (our post here). Henry’s back, this time on 2GB detailing the … Continue reading Want to Wreck Your Nation? Plug Into Intermittent Wind & Solar – Australia Did
Australia’s Renewable Energy Disaster: Self-Inflicted Power Crisis Goes from Bad to Execrable
As witless as they are gutless, the Federal Liberal/National Coalition government is tearing itself apart over energy. In particular, renewable energy; and the choice between the existing annual 33,000 GWh Large-Scale RET - roughly 26% of annual consumption, which is already destroying businesses and punishing households with 20% year-on-year price increases (even though the … Continue reading Australia’s Renewable Energy Disaster: Self-Inflicted Power Crisis Goes from Bad to Execrable
Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Not so long ago, barely 25 years, in fact, Australia was rightly regarded as an energy superpower: abundant coal and gas reserves ensured reliable, secure and affordable electricity. It was hard to explain ‘energy poverty’ to anyone and power was altogether cheap. Back then, the ‘business’ was about taking that electricity and using it … Continue reading Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Renewables Disaster Deepens: Power Costs to Australian Businesses Triple
It’s almost as if Australia’s rocketing power prices, unstable grid, load-shedding and blackouts were an unexpected surprise, something that must’ve been introduced by intergalactic forces. Here’s an extract from a Press Release STT put out back before the Wind Power Fraud Rally in Canberra in June 2013: PRESS RELEASE: 7 MAY 2013 Wind Power … Continue reading Renewables Disaster Deepens: Power Costs to Australian Businesses Triple
Australia’s Renewable Policies an Economic Suicide Pact: Alan Finkel’s Report a ‘Death Wish’
Among the leaders of fanatical death cults, Jim Jones was probably one of the more endearing and charismatic: in 1978, at ‘Jonestown’, Guyana he encouraged 910 of his followers to gulp down some grape-flavoured Kool Aid and the rest, as they say, is history (it certainly was for the faithful cordial consumers). The psychology … Continue reading Australia’s Renewable Policies an Economic Suicide Pact: Alan Finkel’s Report a ‘Death Wish’
South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
By reason of its maniacal obsession with wind power, South Australia has become the butt of international jokes, and the object of plenty of sniggering from those occupying neighbouring states. These days, it’s almost impossible to read an article about South Australia’s economic misfortunes in which there is no mention of routine load-shedding and mass … Continue reading South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
Renewable Energy Debacle: Alan Finkel’s Report a Lost Chance to End Australia’s Self-Inflicted Wind Power Calamity
*** Australia's self-inflicted power market calamity has resulted in power prices which are now the highest in the world (as of 1 July 2017, South Australia officially tops the international list on that score, and by a comfortable margin) - a disaster for businesses and households in a country which once, not so very long … Continue reading Renewable Energy Debacle: Alan Finkel’s Report a Lost Chance to End Australia’s Self-Inflicted Wind Power Calamity
The Sting: How the Wind Industry Pulled Off the Greatest Con-Job in History
*** The 1973 Paul Newman (Henry “Shaw” Gondorff) and Robert Redford (Johnny “Kelly” Hooker) classic, The Sting - set in the heart of the 1930s Depression - pitted the bright and brazen young con-men against one of Chicago’s toughest mobsters in an effort to relieve him of his ill-gotten gains. The film reveals the protagonists’ … Continue reading The Sting: How the Wind Industry Pulled Off the Greatest Con-Job in History