The truth about the great wind power fraud
With abundant supplies of coal, gas and uranium Australia ought to be renowned as an energy superpower. It isn’t. In less than 20 years it deliberately destroyed the most reliable and affordable power generation and delivery system, on earth. It started with subsidies; massive subsidies to wind and solar – both domestic and large-scale – […]
If the object was wrecking every last manufacturing, mineral processing and mining job, then Australia’s renewable energy policy has delivered on time and under budget. Starting in 2001 with John Howard’s Renewable Energy Target (massively expanded by Kevin Rudd in 2009), the subsidies being squandered on intermittent wind and solar are now in the order […]
By throwing another lazy $billion dollars at intermittent wind and solar, PM Scott Morrison has not only lost the constituency that voted for him, he’s lost the plot. 20 years ago, Australians enjoyed the cheapest power in the world; now they the prices they suffer are up there with the world’s most expensive. All […]
“The most terrifying words in the English language are: I’m from the government and I’m here to help”. So said Ronald Reagan, the folksy and affable 40th President of the USA. And, so it’s been with energy policy in the USA, Australia, Europe and dozens of other places where lobbyists took control of politicians and […]
Australia is in the process of destroying what was the world’s most reliable and affordable power supply. The destruction is all down to heavily subsidised and chaotically intermittent wind and solar. Meanwhile, our major Asian trading partners, China and Japan are chewing up Australian coal and uranium as fast as we can ship it […]
Australia’s energy policy reads more like a Greek tragedy. An obsession with wind and solar has left Australians with rocketing power prices and an unstable grid. Renewable energy rent seekers have profited (obscenely) from the greatest government mandated wealth transfer in history: $70,000,000,000 worth of subsidies and soft loans will be thrown at wind […]
Everything about Australia’s renewable energy calamity was perfectly predictable and perfectly avoidable. Throwing $60,000,000,000 in subsidies at chaotically intermittent wind and solar was a pretty good start. Placing lunatics in charge of the entire operation sealed the deal. Australia’s Eastern Grid (covering QLD, NSW, VIC, TAS, ACT & SA) is on the brink of […]
There’s something uncanny about the relationship between rocketing power prices and renewable energy: ask a German, Dane or South Australian. Despite some recent propaganda efforts suggesting that South Australians are currently enjoying 1970s power prices, Australia’s renewable energy capital still pays the world’s highest power prices – thanks to its ludicrous 50% Renewable Energy Target. The subsidies […]
Dubbed the “Minister for reducing electricity prices”, Angus Taylor’s biggest battle will be keeping the lights on this summer, and beyond. When Taylor took up the role of Federal Energy Minister in September, he inherited a toxic cocktail of renewable energy policies – the product of both Federal and State governments. The Mother of them […]
The line that Australia’s rocketing power prices will soon plummet is just a cruel hoax. The subsidies for large-scale wind and solar under the Federal government’s Large-Scale RET will total more than $60 billion over the life of that scheme: the Renewable Energy Certificates issued under the LRET have already added more than $15 billion […]
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