Australia’s Renewable Energy policy is an economic suicide pact, from which there is no escape. The result of that winning combination of greed, ignorance and downright stupidity, the Renewable Energy Target has destroyed businesses and is set to destroy whole industries. Manufacturers, miners and mineral processors are screaming blue murder as they watch once reliable … Continue reading Businesses Belted by Australia’s Renewable Energy Target: Power Prices Spiral Out of Control
Tag: Australian power prices
Wind Turbines Provide Zero% of Global Energy: Despite $Billions Squandered on Subsidies
*** Matt Ridley defines pragmatism and common sense. If - as the wind cult constantly exhorts us - generating power without generating CO2 emissions is the object, then wind power offers no solution. Matt correctly points out the path to CO2 reductions in the power sector involves gas, for now, and investing in an atomic … Continue reading Wind Turbines Provide Zero% of Global Energy: Despite $Billions Squandered on Subsidies
Industrial Scale Battery Storage of Wind & Solar Would Cause Surge in CO2 Emissions
Californian carpet-bagger, Elon Musk has been threatening South Australia with a plan to scoop up at least $150 million of the $550 million its hapless Labor government is about to squander on non-fixes for its self-inflicted wind power disaster. So no time like the present to reflect on just how 'green' is SA's plan to … Continue reading Industrial Scale Battery Storage of Wind & Solar Would Cause Surge in CO2 Emissions
Former PM – John Howard Calls Australia’s Renewables Policy a ‘National Scandal’
*** John Howard was seen by many as the underdog of Australian conservative politics, who took more than two decades as a Federal MP to reach the position of Prime Minister, the victim of bitter internal political wrangling and intrigue within the Liberal Party. After he was deposed as Liberal opposition leader by Andrew Peacock … Continue reading Former PM – John Howard Calls Australia’s Renewables Policy a ‘National Scandal’
South Australia’s Ridiculous Wind Power Push Driving Business to Bankruptcy: Power Prices Triple (Again)
*** In Australia’s so-called wind power capital, South Australia, its hapless Labor government is crowing about having reached its ludicrous 50% renewable energy target. However, the cost of that vanity project is crippling what remains of South Australia’s productive enterprise. In our recent post - Economic Carnage: SA’s Rocketing Power Prices Crippling Miners, Bakers & … Continue reading South Australia’s Ridiculous Wind Power Push Driving Business to Bankruptcy: Power Prices Triple (Again)
Subsidised Suicide: Wind Power Delivers Nothing But Rocketing Power Prices & Blackouts
*** In this pair of pearlers, James Delingpole spans the globe: firstly detailing the growing and staggering cost of subsidised wind power in Britain; and then turning his attention Downunder to the disaster that is Australia's wind power capital, South Australia. Post-Brexit Britain Wants To Escape Its EU Renewables Targets. About Time Too Breitbart James … Continue reading Subsidised Suicide: Wind Power Delivers Nothing But Rocketing Power Prices & Blackouts
Australia’s Runaway Renewable Energy Crisis: the Product of Government, Not Market Failure
*** Governments' renewable energy push to blame for crisis The Australian Financial Review Ben Potter 7 April 2017 The energy sector is in disarray because of government failure, not market failure, former Productivity Commission chairman Gary Banks says. He told Infrastructure Partnerships Australia the spectacle of South Australian Premier Jay Weatherill blaming the private sector … Continue reading Australia’s Runaway Renewable Energy Crisis: the Product of Government, Not Market Failure
Aboriginal Leader, Warren Mundine Demands End to the Madness: Australia’s Renewable Policy Punishing the Poorest & Most Vulnerable
A few weeks back we reported on a very timely call by an Australian Aboriginal leader, Warren Mundine for Australians to grow up and go Nuclear. Warren isn't about to let up. Clearly worried about the miserable future being laid out for the poorest and most vulnerable Australians, Warren is, quite rightly, demanding an end … Continue reading Aboriginal Leader, Warren Mundine Demands End to the Madness: Australia’s Renewable Policy Punishing the Poorest & Most Vulnerable
Australia’s Self-Inflicted Energy Crisis: Renewable Policies a Crime Against the People
Robert Gottliebsen is an economics columnist with The Australian, who has recently weighed into Australia's unfolding renewables driven energy calamity. Late to realise the cost and consequences of Australia's suicidal renewable policies, Gottliebsen is gobsmacked at what can properly be described as a crime against the Australian people. Energy crisis: time to invest in emergency … Continue reading Australia’s Self-Inflicted Energy Crisis: Renewable Policies a Crime Against the People
Australia’s Suicidal RET: Eastern States Soon to Follow South Australia Over its Wind Power Cliff
Maurice Newman was the former head of Deutsche Bank, the ABC and ASX so you’d be forgiven for thinking that he might know a thing or two about economics and business. Maurice doesn’t mince his words about these things: calling wind power “a crime against the people” (see our post here). Maurice has also previously … Continue reading Australia’s Suicidal RET: Eastern States Soon to Follow South Australia Over its Wind Power Cliff
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