*** 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
Tag: Australia’s energy crisis
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
Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs
If there is one thing that renewables-rent-seekers dread more than calm and cloudy weather, it has to be uncertainty. Always keen to preach about how cheap wind power has become, but always reticent to release their grip on the subsidy teat, the wind industry, its parasites and spruikers are now in a flat panic after … Continue reading Renewables Rent-Seekers Panic as Wind Power Operators Forced to Pay Back-Up Costs
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
Last Chance Hotel: Australia’s Energy Crisis at the Crossroads
*** Australia’s energy crisis is a self-inflicted calamity with no apparent end in sight. The PM, Malcolm Turnbull seems intent on protecting his son, Alex’s investment in Australia’s most notorious wind power outfit, Infigen (see our post here). While his gormless Energy Minister, Josh Frydenberg behaves like a punch-drunk boxer, who cannot land a punch … Continue reading Last Chance Hotel: Australia’s Energy Crisis at the Crossroads
Renewables Rent-Seekers Reel as Trump Defies Climate-Cult & Delivers Fatal Blow to Paris Agreement
Donald Trump continues to infuriate the intelligentsia by delivering on the things he promised to deliver when he ran for President (how dare he!?!). They collectively dismissed him as a presidential hopeful and are still seething at the fact that they failed to predict his triumph; or, rather, to have guaranteed his defeat. Where the … Continue reading Renewables Rent-Seekers Reel as Trump Defies Climate-Cult & Delivers Fatal Blow to Paris Agreement
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
South Australia’s Wind Power Debacle Destroying Jobs: Unemployment Rockets (Again)
*** The principles of economics are not hard, nor are they a mystery. Jobs require viable businesses, viable businesses require cheap and reliable electricity. Deprive businesses of cheap and reliable power and those businesses will very soon cease to exist. Those truisms, however, continue to fall on deaf ears in Australia's so-called 'wind power capital', … Continue reading South Australia’s Wind Power Debacle Destroying Jobs: Unemployment Rockets (Again)
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’
STOP THESE THINGS 