The truth about the great wind power fraud
Australia’s self-inflicted renewable energy disaster sometimes reads more like Mary Shelley’s Frankenstein – and on others like the work of a drug-addled Lewis Carrol, as he took us all down the rabbit hole with Alice & Co. Characters abound, bereft of worldy wit, prone to waffling nonsense and repeating the same hackneyed phrases (think […]
Politics is a cruel caper, at the best of times. And, in Australia, power politics is merciless. A decade and-a-half of government intervention in the power market has left Australia with the highest power prices in the world and a grid on the brink of collapse. The disaster is largely down to distortions caused by […]
STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind […]
Texans have been in the news for all the wrong reasons, over the last week or so. Hurricane Harvey belted the Texan coast with 130 mph (209 kph) winds and delivered a deluge of biblical proportions. For some time now, Texas has been the pinup girl for American wind worshippers. With some 21,000 MW of […]
Australia’s enviable prosperity isn’t due to sunshine and glinting solar panels or windmills flailing in the breeze, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium of the kind being gouged out of the ground by BHP Billiton at Roxby Downs in South Australia’s North (see above). How […]
Australian politics is often a feast of the bizarre. And one of the more bizarre dishes on the menu was watching Al Gore (the original global warming alarmist profiteer) stand side-by-side with big Clive Palmer (the original overstuffed windbag, cum-political buffoon) back in June 2014. Back then, big Clive was at the top of his […]
South Australia’s vapid Premier, Jay Weatherill presides over a self-inflicted social and economic calamity and rebukes his critics as “right-wing fu%@wits”; notwithstanding that his obsession with wind power has left his beleaguered State with the highest power prices in the world and a grid on the brink of total collapse. South Australia’s frequent load shedding […]
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 […]
Maurice Newman was the former head of Deutsche Bank, the ABC and ASX so you’d be forgiven for thinking that he might know a thing or two about economics and business. Maurice doesn’t mince his words about these things: calling wind power “a crime against the people” (see our post here). Maurice has also previously […]
*** Desperate, delusional and in denial, South Australia’s hapless Labor government is taking a well-deserved flogging in the press. SA, the so-called ‘wind power capital’, instead of setting an example of how to run on sunshine and breezes, has become an international laughing stock. Rocketing prices, repeated statewide blackouts and mass load shedding have made […]
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