PM Hopes to Salvage LRET & Wind Industry by Reviving Renewables Slush Fund

**** In Australia, the fact that the Large-Scale RET was slashed once (from a 41,000 GWh annual target to 33,000GWh) guarantees that no commercial retailer will enter a long-term Power Purchase Agreement with a wind power outfit; and, accordingly, that no commercial banker will lend money for any new wind farms (see our post here). […]

Offshore Wind Power Just as Unreliable & Twice the Insane Cost of Onshore Wind Power

**** Australia’s Large-Scale RET is facing inevitable doom – and with it the wind industry – due to the fact that Australia’s commercial retailers decided to kill it off over 3 years ago; refusing, since then, to enter Power Purchase Agreements with wind power outfits. The result has been that commercial lenders have ceased lending […]

Environment Minister, Greg Hunt Backs Slaughter of ‘Protected’ Eagles With Taxpayer Underwritten ‘Loans’ for Wind Farms

**** The number of Liberal (Australia’s once small-government, conservative, business and family friendly) Party MPs that hold a bizarre affection for these things can be tallied up on one hand. The Liberal’s King of the Wind Worship Cult is the hapless Environment Minister, young Gregory Hunt. Hunt’s office is headed up by wind industry plant, […]

‘Silly’ Sarah Henderson joins ‘Disappointing’ Dan Tehan, as another ‘Green’ in Conservative Clothing

**** In recent weeks, with the wind industry copping it from all sides, the battle lines have been drawn, with politicians choosing sides. Although, not always the side one might expect. Old guard Labor men – like Gary Johns have rumbled the fraud: The Wind Industry’s “Fossil-Fuel-Free” Fantasy Scotched And the PM, Tony Abbott – […]

‘Greens’ Gamble on Your Future; while PM Stops CEFC from Laying Wind Power Bets

**** A little while back, that great philosopher, Kenny Rogers spelt out the rules for Gamblers in clear and simple terms: You got to know when to hold ‘em, know when to fold ‘em, Know when to walk away and know when to run. You never count your money when you’re sittin’ at the table. […]