Judith Sloan: Junking the RET is the right thing to do

Judith Sloan has already entered the STT Pantheon with an earlier piece on the insanity that is the RET (see our post here). Well, the lass with a head for numbers - and smarter than brain pie - is back at it with this sizzling piece from The Australian. Junking energy target is right The … Continue reading Judith Sloan: Junking the RET is the right thing to do

Kill the RET and Save the Poor

The REC Tax that comes with the RET is the most regressive tax of all.  The impact on the poorest and most vulnerable is punishing and has led to the new phrase of our time – “energy poverty”. Germany has disconnected some 800,000 homes from its grid simply because they can no longer afford their … Continue reading Kill the RET and Save the Poor

Miners gang up on the RET

Australia’s miners have carried its economy along on a wave of investment and export growth over the last 20 years – so when they talk – governments listen (see our post here). Here’s a cracking piece by Minerals Council Chief, Brendon Pearson that appeared in The Australian. No end in sight to soaring electricity prices … Continue reading Miners gang up on the RET

The RET helped to kill Alcoa’s Port Henry Aluminium Smelter & 980 jobs

**** Proving Ron Boswell’s statement that: “Australia can have a carbon price and renewable energy targets or viable manufacturing. We can’t have both” – aluminium refiner, Alcoa has just announced that it will pull the plug on its Port Henry smelter near Geelong – with the loss of 980 jobs. Here’s The Australian on another … Continue reading The RET helped to kill Alcoa’s Port Henry Aluminium Smelter & 980 jobs