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 […]

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 […]

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’ […]

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 […]

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 […]

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, […]

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 […]