The economic destruction wreaked by Australia’s obsession with intermittent wind and solar was perfectly predictable and perfectly avoidable. Power prices have rocketed out-of-control, energy hungry industries are chopped from the grid whenever sunset and/or calm weather coincides with heavy demand during very hot or very cold weather. The boffins in charge of this calamity cynically … Continue reading Sanity Shutdown: Staggering Cost of Australia’s Renewable Energy Policy
Tag: Bill Shorten renewable target
Eve of Destruction: Australia’s Economy First Victim of Renewable Energy Fiasco
If the objective of Australia’s energy policy is destroying its economy, we’re well on the way. With more than $70,000,000,000 squandered on subsidies to wind and solar, both large-scale and domestic, power prices rocketing out of control, routine, mass power cuts, whenever the sun sets and/or calm weather sets in, and the destruction of … Continue reading Eve of Destruction: Australia’s Economy First Victim of Renewable Energy Fiasco
Crunch Time: Can Australia Escape its Self-Inflicted Renewable Energy Calamity Before It’s Too Late?
Everything about Australia’s renewable energy calamity was perfectly predictable and perfectly avoidable. Throwing $60,000,000,000 in subsidies at chaotically intermittent wind and solar was a pretty good start. Placing lunatics in charge of the entire operation sealed the deal. Australia’s Eastern Grid (covering QLD, NSW, VIC, TAS, ACT & SA) is on the brink of … Continue reading Crunch Time: Can Australia Escape its Self-Inflicted Renewable Energy Calamity Before It’s Too Late?
Shorten’s Stranglehold: Labor’s 50% RET & ‘Carbon’ Tax Threatens Economic Annihilation
The prospect of a Shorten lead Labor government brings with it a 50% RET and a 45% emissions reduction target (an enormous ‘carbon’ tax by any other name). The consequence will be spiralling power prices and Soviet-era power rationing, whenever the sun sets and/or calm weather sets in. As every South Australian knows, attempting to … Continue reading Shorten’s Stranglehold: Labor’s 50% RET & ‘Carbon’ Tax Threatens Economic Annihilation
Wrecking Ball: Labor’s 50% RET Guarantees Wholesale Economic Destruction
Anyone wanting to understand what a 50% RET can do to an economy, look no further than South Australia. Once upon a time, thanks to cheap and reliable coal-fired power, it was a manufacturing heartland. In the 1970s, Adelaide was home to 2 (General Motors Holden and Chrysler – taken over by Mitsubishi in … Continue reading Wrecking Ball: Labor’s 50% RET Guarantees Wholesale Economic Destruction
Bill Shorten’s ALP: Loves Subsidising Chaotic Wind & Solar/Hates Real Industry & Real Jobs
Australia was once an energy superpower, supporting mining, mineral processing, manufacturing and energy-intensive agriculture (think irrigators, dairies, aquaculture and horticulture). Pretty soon, if Bill Shorten’s Labor Party gets anywhere near the controls, power prices will be driven to astronomical levels and those industries driven out of existence. Hundreds of thousands of well-paid, meaningful jobs … Continue reading Bill Shorten’s ALP: Loves Subsidising Chaotic Wind & Solar/Hates Real Industry & Real Jobs
Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity
Labor - aka the ‘Workers Party’ - is determined to destroy whole industries and thousands of jobs with a 50% RET and a giant ‘carbon’ tax. Australian industry has been a protected species since the Victorian gold rush in the 1850s, cosseted behind an insurmountable wall of tariffs and propped up with subsidies. As … Continue reading Labor Lunacy: Industry Wipeout Looms as Bill Shorten Doubles-down on Wind & Solar Insanity
Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control
Blind panic doesn’t cover it: Australia’s energy crisis has MPs and rent-seekers running around like chooks with their heads cut off. Retail power prices (see above) have jumped anywhere between 20 and 28% in the last 12 months, in those states with major wind and solar capacity – adding to 13-20% increases, the previous year. Energy … Continue reading Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control
Competition Watchdog Slams Subsidised Wind & Solar: Demands Government Investment in Reliable & Affordable Coal-Fired Power
It was only a matter of time before Australia’s ruinous renewable energy policies imploded and implode they just did. Australia’s power pricing and supply calamity is the inevitable consequence of the so-called ‘transition’ to nature’s wonder fuels. And yet the wind and sun cult and renewable energy rent seekers continue to behave as if the … Continue reading Competition Watchdog Slams Subsidised Wind & Solar: Demands Government Investment in Reliable & Affordable Coal-Fired Power
Australia’s Renewable Policy Doomed as Labor Party Scuttles Away from Suicidal 50% RET
*** Former union bully boy and billionaire wannabe, Labor opposition leader, Bill Shorten is all over the shop on energy policy. Terrified witless of the lunatic left and the Greens who, like the tail that wags the dog, have driven the Australian Labor Party into a suicidal push for a 50% RET, Shorten has taken … Continue reading Australia’s Renewable Policy Doomed as Labor Party Scuttles Away from Suicidal 50% RET
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