Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET

  STT followers have been delighted with news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here). In response to the PM's mooted plan, the wind industry and its parasites have been reduced to making idle threats of "revenge" and bleating about "sovereign risk". … Continue reading Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET

How the Public Are Deceived About the True Cost of the Mandatory RET

**** The Australian Financial Review – as one of the lefty Fairfax stable – “drank the Kool Aid” early and happily ran with the wind industry’s narrative that having Australia bristle with giant fans is a sure-fire way of cooling mother Earth; that wind power is free; and that the mandatory RET is public policy … Continue reading How the Public Are Deceived About the True Cost of the Mandatory RET

Mandatory RET: An Expensive (and Unsustainable) Economic Burden

**** The RET is an expensive burden on the economy Australian Financial Review Alan Moran 19 August 2014 People and firms should be free to choose how they trade off their sources of energy and price preferences. With the carbon tax repealed, the focus has shifted to the renewable requirements. A key component of these, … Continue reading Mandatory RET: An Expensive (and Unsustainable) Economic Burden

Lost In Translation: How a CO2 Abatement Scheme Became “Corporate Welfare on Steroids”

**** Time to remember the original aim of the RET Australian Financial Review Danny Price 21 August 2014 The RET was intended to cut carbon. Opening it up to more forms of efficient generation would help get that result. The debate over the renewable energy target has ended up exactly where you would expect a … Continue reading Lost In Translation: How a CO2 Abatement Scheme Became “Corporate Welfare on Steroids”

Australia’s Runaway Renewables Policy to Cost $Billions

**** Competitive structure best way to rein in costs The Australian Barry FitzGerald 20 August 2014 IT is a touch ironic that it has taken the abolition of the carbon tax to highlight just what a pernicious bit of work it was. More than even Tony Abbott’s labelling of it as a big, bad tax. … Continue reading Australia’s Runaway Renewables Policy to Cost $Billions

Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

**** With news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here), the wind industry and its parasites have been reduced to a pitiful spectacle: drifting between pleading and begging for mercy, on the one hand, and foaming rage, on the other. These desperados … Continue reading Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

Tony Abbott, Joe Hockey & Mathias Cormann: Natural Born RET Killers

**** Tony Abbott has made no secret of his eagerness to do away with the most colossal corporate welfare scheme in the history of the Commonwealth (see our posts here and here and here). And his Treasurer, Joe Hockey has pinned his colours to the mast as someone who can’t stand wind farms - and … Continue reading Tony Abbott, Joe Hockey & Mathias Cormann: Natural Born RET Killers

Germany’s Unsustainable “Green” Jobs “Miracle” Collapses

The Germans went into wind power harder and faster than anyone else - and the cost of doing so is catching up with a vengeance. The subsidies have been colossal, the impacts on the electricity market chaotic and - contrary to the purpose of the policy - CO2 emissions are rising fast (see our post … Continue reading Germany’s Unsustainable “Green” Jobs “Miracle” Collapses

Angus Taylor: Community Backlash Brewing Over ACT Wind Farm Plan

*** Canberra’s costly carbon follies outdo even the Danes The Australian Angus Taylor 1 August 2014 AUSTRALIANS are learning the hard way that moral vanity comes at a high price. After many years of climate policy chaos, we know that most people want some action on climate change but they don’t want to waste money … Continue reading Angus Taylor: Community Backlash Brewing Over ACT Wind Farm Plan

More Australian Wind Power “FAILS”

**** Renewables in the doldrums The Australian Graham Lloyd 2 August 2014 A spell of calm weather exposes a fatal flaw in the case for wind power FOR Australia’s multi-billion-dollar renewable energy industry, marooned in the doldrums of investment uncertainty, the big calm before the renewable energy target review storm came last week. For two … Continue reading More Australian Wind Power “FAILS”