**** To call what South Australia's Labor government has 'gifted' their constituents an energy 'policy', is to flatter it as involving some kind of genuine 'design'. It's an economic debacle, pure and simple. The current mess started under former Premier, Mike Rann - a former spin-doctor, whose relatives lined up at the wind power subsidy … Continue reading South Australia’s Unbridled Wind Power Insanity: Wind Power Collapses see Spot Prices Rocket from $70 to $13,800 per MWh
Tag: cost of renewable energy target
STT Champions in Coalition Ranks – Craig Kelly & Keith Pitt – Turn on $46 Billion LRET Debacle
**** A week or so back, Tony Abbott’s Coalition struck a deal with Labor involving a $46 billion electricity tax aimed at salvaging what’s left of Australia’s wind industry (see our post here). The ‘deal’ – which has passed the House of Reps – and is on its way to the Senate – is seen … Continue reading STT Champions in Coalition Ranks – Craig Kelly & Keith Pitt – Turn on $46 Billion LRET Debacle
How Wind Power Subsidies Destroy Both Electricity Markets & Economies
**** Around the globe, the wind industry behaves like an enormous, bloodsucking leech - latching onto power consumers and taxpayers; and ever ready to drain its hosts dry and leave nothing but empty shells behind. In Australia, those soon to be empty shells will include what’s left of our manufacturing industries; mineral processors and the … Continue reading How Wind Power Subsidies Destroy Both Electricity Markets & Economies
Rearranging Deckchairs on the Titanic: or Ian Macfarlane’s Futile Efforts to Save the LRET & his mates at Infigen
**** For more than just a little while, STT has been pointing out that the Large-Scale Renewable Energy Target (LRET) is simply unsustainable - be that as a matter of simple economics; or as a cold, hard political fact. A couple of weeks back, we provided a very detailed analysis as to just why the … Continue reading Rearranging Deckchairs on the Titanic: or Ian Macfarlane’s Futile Efforts to Save the LRET & his mates at Infigen
Greg Hunt’s “Game” of Hide and Seek: or how Australia’s most notorious wind power outfit – Infigen – hijacked Australian Energy Policy
**** Ian “Macca” Macfarlane and his youthful ward, Greg Hunt are the flies in the Coalition’s political ointment, when it comes to engineering anything like a sensible policy on energy. Both Macfarlane’s and Hunt’s offices are filled with wind industry plants and stooges, like Hunt's senior adviser, Patrick Gibbons. Patrick is best mates with Vesta’s … Continue reading Greg Hunt’s “Game” of Hide and Seek: or how Australia’s most notorious wind power outfit – Infigen – hijacked Australian Energy Policy
Institute for Energy Research Takes the Scalpel to the Great Wind Power Fraud
As time goes by, the number of crack energy market experts joining the effort to bring the great wind power fraud to its inevitable denouement – and the quality of their work directed at that fine and noble task – has increased exponentially. The American "Institute for Energy Research" has just released a brilliant piece … Continue reading Institute for Energy Research Takes the Scalpel to the Great Wind Power Fraud
Australian Senate to Turn Up the Blowtorch on the Great Wind Power Fraud
**** The Senate is about to launch into a full-blown attack on the wind industry and the fictions which have sustained it. Until now. We’ll open the batting with some moaning from the greentard’s favourite megaphone, The Guardian. Crossbench senators back another inquiry into wind power The Guardian Lenore Taylor 18 November 2014 Examination into … Continue reading Australian Senate to Turn Up the Blowtorch on the Great Wind Power Fraud
Senator David Leyonhjelm on Australia’s Energy Future
Senator David Leyonhjelm is one of the 8 cross-benchers capable of turning Australia’s disastrous energy policy around during the life of this Parliament. He’s already come out swinging with a superbly crafted attack on the debacle that is the mandatory Renewable Energy Target which featured in The Australian a little while back (see our post … Continue reading Senator David Leyonhjelm on Australia’s Energy Future
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
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