Retailers’ Call for ‘Emissions Intensity Scheme’ Signals End for Australia’s Renewable Energy Target

Willing to be accused of stating the bleeding obvious, electricity retailers aren’t in the business of not selling power; they’re in the business of selling power, at a profitable margin, to as many customers as possible. Power retailers in Australia have just come to the horrifying realisation that, with rocketing power prices and an increasingly […]

Australia’s Energy Debacle: South Australia Just the First Victim of the LRET’s $45bn in Wind Power Subsidies & Fines

*** Last week saw Federal Energy and Environment Minister, Josh Frydenberg briefly float and then just as quickly scrap the idea of a ‘carbon’ credit trading scheme, which – as we set out in yesterday’s post – counter-intuitively had the potential of avoiding a complete political disaster for the coalition. While a media scrum kicked […]

Frydenberg’s Carbon Credit Capers: Coalition Signals the End for Australia’s Renewable Energy Target & Wind Power

*** A week is an awfully long time in politics and, when the subject is Australia’s calamitous energy policy, it’s a veritable aeon. When Josh Frydenberg waltzed into the Energy and Environment Portfolio, STT tried to warn the ambitious colt from Kooyong that he had, in fact, just inherited a political poisoned chalice. Last week, […]

Donald Trump Declares ‘War’ … on Wind Turbines

Donald Trump has declared ‘war’ even before his 20 January Inauguration. No, it’s not a pending nuclear conflagration that’s in the offing; just the end of the wind industry as the world has known and grown to suffer it. Trump Says He’s ‘Personally Offended’ By ‘Awful’ Wind Turbines The Daily Caller Andrew Follett 23 November […]

Australia’s Renewable Target Kills 2,000 Victorian Jobs at Hazelwood & Portland

*** To call what Australian politicians refer to as energy “policy” is to flatter it as involving some kind of deliberate design. As things have panned out in South Australia, and are fast panning out in neighbouring Victoria, there is only one fair description: “total chaos”. South Australia lost 784MW of reliable, affordable base-load power […]