Australia’s Wind Industry Under Siege: LRET Subsidy Set to be Slashed (Again)

**** Subsidy won’t generate target Australian Financial Review Ben Potter 10 March 2016 Less than a 10th of the wind and solar generation capacity required by the renewable energy target this decade is under construction, which could force the Turnbull government to renegotiate the controversial scheme with the opposition. Significant shortfalls under the cross-subsidy scheme […]

Wind Industry Still Wailing About ‘Uncertainty’ as Construction Finance ‘Drought’ Hits

Wind power outfits have now cottoned on to the fact (slow learners that they are) that Australia’s big power retailers have turned their backs on the wind to face the Sun, instead. The former second-hand car salesmen that front the wind industry are still coming to grips with the recalcitrance of commercial retailers (we don’t […]

Merry Christmas To All of You & Happy Third Birthday to STT

**** Merry Christmas and Season’s Greetings to all of our dedicated band of followers, all around the World. And it’s Happy Birthday to STT: Boxing Day 2015 marks 3 years of giving the beleaguered wind industry and its dwindling band of parasites and spruikers hell. We’ve clocked over 1,177,000 views and given our loyal readers […]

The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 2)

 **** In yesterday’s post – The Wind Industry: Always and Everywhere the Result of Massive & Endless Subsidies (Part 1) – we covered the fact that the Australian wind industry exists – and ONLY exists – for one single purpose: to wallow in a subsidy stream which will hit $3 billion annually in 2019; and […]

Australia’s PM – Tony Abbott – Out to STOP THESE THINGS

**** Australia’s PM, Tony Abbott has never had a soft spot for the wind industry (see our posts here and here). Now, he’s effectively set fire to its chances of obtaining the finance it needs to carpet Australia with another 2,500 giant fans. The match was lit on Alan Jones’ breakfast Show last Thursday. Alan […]