Malcolm Turnbull’s downfall resulted from stratospheric power prices, sent into orbit by unreliable and intermittent wind and solar. His fate was sealed when he started spinning the line that his National Energy Guarantee (which would have effectively doubled wind and solar capacity) would result in power being delivered at 1970s prices. The same line is … Continue reading End of Days: Rocketing Power Prices Spells Armageddon for Subsidised Wind & Solar
Tag: Australia’s renewable energy target
Politics of Power: Spiralling Power Prices Signal End for Wind & Solar Subsidies
In Australia, nothing stops a barbecue like the topic of ever spiralling power prices. Across the country, retail power prices have been rising at double-digit rates for the last four years: across the NEM States and the ACT retail power prices have increased between 13 and 28% – year-on-year – over the last three years. More … Continue reading Politics of Power: Spiralling Power Prices Signal End for Wind & Solar Subsidies
Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense
The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the … Continue reading Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense
Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
Coal powers Queensland and its electricity is the cheapest in the nation. Wind and solar power South Australia, and its power is the most expensive in the world. Australia’s energy Minister, Josh Frydenberg is either deluded or lying, when he says that power prices are already on a steady descent. Power costs to business have … Continue reading Energy Minister Delivers National Suicide Note: NEG Spells Doom For Cheap & Reliable Power
National Energy Guarantee: Means Guaranteed Economic Destruction
Renewable energy rent-seekers hijacked the proposed National Energy Guarantee in order to ensure their subsidy-soaked futures. The reliability obligation - which would have guaranteed electricity to all power consumers during any worst-case scenario (eg, the height of summer when air-conditioners are running flat out and breathless weather means wind turbines are flat out producing anything … Continue reading National Energy Guarantee: Means Guaranteed Economic Destruction
War For Australian Business & Families Begins: Government Splits Over Renewable Energy Disaster
Subsidised wind and solar sent Australian power prices through the roof punishing households, threatening businesses and whole industries, without respite. The battle of Australia is about to begin. Upon this battle depends the survival of civilisation as we’ve known it. What follows is a battle for this Country’s very economic future and the social … Continue reading War For Australian Business & Families Begins: Government Splits Over Renewable Energy Disaster
Energy Minister Delivers Killer-Blow to Australian Industry: Mass Power Cuts Now Formal Government Policy
An obsession with the ‘unreliables’ - wind and solar - has destroyed Australia’s once reliable and affordable power supply. Consistent with that theme, Australia’s Energy Minister has just given the two fingered salute to Australian business. Josh Frydenberg is pushing a National Energy Guarantee which (as pointed out in last night’s post) could have … Continue reading Energy Minister Delivers Killer-Blow to Australian Industry: Mass Power Cuts Now Formal Government Policy
Crunch Time: Australia’s Self-Inflicted Energy Crisis Down to Wind & Solar Obsession
At the heart of Australia’s self-inflicted power pricing and supply calamity is an obsession with intermittent and unreliable wind and solar. Mandated and massive subsidies - that those attempting to deliver electricity using nature’s wonder fuels have been wallowing in since the Australian Labor Party seriously upped the RE ante in 2010 - resulted in a … Continue reading Crunch Time: Australia’s Self-Inflicted Energy Crisis Down to Wind & Solar Obsession
Australia Enters Third World: Chaotic Delivery of Wind & Solar Forces Industrial Users Off Grid
Dictating when and if power consumers get electricity was once the preserve of communist dictatorships (think the USSR, North Korea and Cuba). Thanks to a maniacal obsession with intermittent wind and solar, Australia now sits comfortably in the same dismal ranks. No longer can industrial users expect to have power according to their business plans … Continue reading Australia Enters Third World: Chaotic Delivery of Wind & Solar Forces Industrial Users Off Grid
State Sanctioned Theft: Australia’s Renewable Energy Subsidies a $60bn Wealth Transfer
Selling electricity is a complex caper, permitting a sharp and mercenary few to make out like bandits, at the expense of the gullible many. In Australia, the power market was hijacked around 20 years ago, with the creation of the National Electricity Market. Then the game changed entirely, as chaotic wind and solar were added … Continue reading State Sanctioned Theft: Australia’s Renewable Energy Subsidies a $60bn Wealth Transfer
STOP THESE THINGS 