Australia’s Renewable Target in Tatters: Major Retailers Shun Wind & Solar, Electing to Pay $Millions in Retail Power Fines Instead

*** In the week just gone, yet another of STT’s predictions unfolded, with devastating consequences for Australia’s Large-Scale RET and the remnants of a battered and beleaguered wind industry. The LRET was slashed in 2015 simply to avoid the political embarrassment of having too little eligible renewable power dispatched to satisfy the 41,000 GWh target […]

Frydenberg’s Folly: Australia’s Renewable Energy Target Destined to be Capped or Scrapped

When a policy is unsustainable, either it will collapse under its own ponderous weight, or its promoters will eventually be forced to scrap it. Australia’s Large-Scale Renewable Energy Target is just such a policy. In the cutting British satire, Extras, the hapless Andy Millman (Ricky Gervais) is always foiled by his gormless but lovable side-kick, […]