New Soviet Era: Australian Businesses Paid to Shut Down When Wind & Solar Output Drops

To call Australia’s energy debacle a ‘crisis’ is mastery in understatement: its obsession with wind and solar means its economy now operates around the vagaries of mother nature. The availability of sunshine and suitably beneficial breezes dictates when and where electricity gets delivered to power consumers. The cause of Australia’s power pricing and supply calamity […]

Frydenberg Fiddles as Renewables Disaster Hits Businesses with 30% Annual Power Price Hike

  Flummoxed renewable energy zealots can’t escape the obvious connection between heavily subsidised and utterly unreliable renewables and rocketing power prices. As Malcolm Turnbull and Josh Frydenberg close ranks to protect renewables rent seekers (including the PM’s son, Alex), the casualties keep mounting. One of those is Len Morabito, who operates four independent supermarkets. In […]