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 … Continue reading Australia’s Wind Power Calamity: Canberra’s Government Tells Households to Rug-Up with Blankets
Tag: Australian power prices
Wind Industry Says It’s Time to Cut the Subsidies: ‘Wind Power Cheaper than Coal’
STT loves an eye-catching headline. Today’s is, on one level, the kind of spoof headline dished out by Washington pranksters, The Onion: so outrageous, that no sentient being could accept the premise. However, half of our headline is quite literally true: the wind industry has been putting out figures claiming that it is not only … Continue reading Wind Industry Says It’s Time to Cut the Subsidies: ‘Wind Power Cheaper than Coal’
Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode
*** Renewables rent-seeker, AGL has launched a propaganda war in Australia’s media, since the release of Alan Finkel’s fantasyland review of Australia’s power market calamity. Finkel’s report promised Australia’s very own Enron, among others, the opportunity to rape and pillage in a power market with an effective 42% RET, dominated by intermittent and unreliable wind … Continue reading Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode
Alan Finkel’s Bogus Adventure: Staggering Costs of Clean Energy Target Hidden From View
One thing time Finkel will never be accused of is under-selling his 42% renewable energy target, re-boxed and badged as a clean energy target 'CET'. However, the trouble with hubris is that it does not take very long to prick the over-eager salesman's balloon. As we pointed out in yesterday's post, Finkel's forecast power price … Continue reading Alan Finkel’s Bogus Adventure: Staggering Costs of Clean Energy Target Hidden From View
Politics of Power: Federal Coalition Government Turns on Subsidised Renewables
*** Politics is a brutal business: no sooner is a politician or political party riding the crest of a wave, than they’re being smashed against jagged rocks and deluged by a roaring surf. As Australian politicians are fast learning, the politics of power is even more brutal still. Continually rocketing power prices is bad enough, … Continue reading Politics of Power: Federal Coalition Government Turns on Subsidised Renewables
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 … Continue reading Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills
Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET
*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In … Continue reading Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET
Renewables Disaster Sees Australian Power Prices Jump Another 20% – With Worse to Come
Life coaches and self-help manuals talk about dreaming the life and living the dream. In Australia, as elsewhere, wind and solar power were touted as promising not only an end to the pesky habit of the Earth's climate to change (a selfish obsession that our planet has been hard at for 4.5 billion years), but … Continue reading Renewables Disaster Sees Australian Power Prices Jump Another 20% – With Worse to Come
Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
*** In yesterday's post we described Alan Finkel's report on Australia's power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure … Continue reading Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens
Yesterday (Friday, 9 June), Alan Finkel released his long awaited report on Australia's calamitous renewable energy policies, to sighs of despair and disappointment amongst those who actually understand how Australia's electricity market works; or, rather, has been knowingly destroyed by massive subsidies to intermittent, unreliable, chaotic and expensive wind and solar power. Finkel's report - … Continue reading Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens
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