Tag: cost of renewable energy target

Australia’s Runaway Renewables Policy to Cost $Billions

**** Competitive structure best way to rein in costs The Australian Barry FitzGerald 20 August 2014 IT is a touch ironic that it has taken the abolition of the carbon tax to highlight just what a pernicious bit of work it was. More than even Tony Abbott’s labelling of it as a big, bad tax. … Continue reading Australia’s Runaway Renewables Policy to Cost $Billions

Tony Abbott, Joe Hockey & Mathias Cormann: Natural Born RET Killers

**** Tony Abbott has made no secret of his eagerness to do away with the most colossal corporate welfare scheme in the history of the Commonwealth (see our posts here and here and here). And his Treasurer, Joe Hockey has pinned his colours to the mast as someone who can’t stand wind farms - and … Continue reading Tony Abbott, Joe Hockey & Mathias Cormann: Natural Born RET Killers

Jennifer Westacott: Time to End Poorly-Designed Energy Policy

Jennifer Westacott is the chief executive of the Business Council of Australia and has extensive policy experience in both the public and private sectors. She has occupied critical leadership positions in the New South Wales and Victorian governments. This weekend she wrote in The Australian about the devastating impact of poorly-designed energy policy on businesses and energy consumers - and the necessity … Continue reading Jennifer Westacott: Time to End Poorly-Designed Energy Policy

Tony Abbott: RET a Threat to Jobs in All Industries (not just Aluminum Smelters)

**** Over the last week or two the press has been giving a fair bit of coverage to the fact that there are 25 Coalition Members who are trying to find a “Goldilocks solution” to the disaster that is the mandatory Renewable Energy Target. The group - which is being directed by Ian “Macca” Macfarlane … Continue reading Tony Abbott: RET a Threat to Jobs in All Industries (not just Aluminum Smelters)

Alan Moran: Wind Power FAILS on all Scores

**** Renewable energy as a means of reducing emissions fails two key tests Herald Sun Alan Moran 26 June 2014 REGULATORY change will always disadvantage some while advantaging others. But the benefits of deregulation far outpace the costs and Australia carries a weighty regulatory burden, one that has deprived us of enjoying the world’s highest … Continue reading Alan Moran: Wind Power FAILS on all Scores

PM’s Top Advisor – Maurice Newman – Hammers Palmer’s “Inconsistent” RET Plan

As the dust settles on the Palmer/Gore circus of the bizarre, it’s now evident that the PUP’s leader has pulled one the greatest confidence tricks since Paul Newman and Robert Redford joined forces in “The Sting”. As the hard-green-left stared in awe at their grand warming alarmist, Palmer slipped through the net unnoticed. It was … Continue reading PM’s Top Advisor – Maurice Newman – Hammers Palmer’s “Inconsistent” RET Plan

Power Prices“r”UP: Clive Palmer Determined to Destroy Australian Business and Crush Australian Families

**** Australian politics is (sadly) renowned for its “colour” - and there are few more colourful than Queensland’s political “giant”, Clive Palmer. Head of the PUP – or the “Prices“r”UP” Party. Yesterday - in a circus so bizarre that PT Barnum would have been left speechless - Palmer teamed up with none other than Al … Continue reading Power Prices“r”UP: Clive Palmer Determined to Destroy Australian Business and Crush Australian Families

Energy Market Gorillas Beat Up on the Wind Power Monkeys

**** The opportunity to make submissions to the RET Review Panel ended last Friday. The Panel’s mailbox has been stuffed with cracking submissions from Australia’s leading energy market economists, business groups and, more importantly, the really BIG players in Australia’s energy market (let’s call them the “energy market gorillas”). Two of the biggest - Origin … Continue reading Energy Market Gorillas Beat Up on the Wind Power Monkeys

Dick Warburton: is the RET worth the Pain inflicted on Families & Business?

As STT followers know, the RET Review Panel is headed up by Dick Warburton - a man who’s acutely aware of the pain being inflicted on Australian families and business by the mandatory Renewable Energy Target. Since Dick was appointed to conduct the first thorough cost/benefit analysis of the mandatory RET ever undertaken, the wind … Continue reading Dick Warburton: is the RET worth the Pain inflicted on Families & Business?

Bjørn Lomborg: Cost of Renewables Hit Poorest the Hardest

Bjørn Lomborg has become one of the most high profile critics of insanely expensive and utterly pointless renewable energy policies across the globe (see our posts here and here). Bjørn's back - and this time he adds the impact that our ludicrous Renewable Energy Target has had - and will have - on power prices and … Continue reading Bjørn Lomborg: Cost of Renewables Hit Poorest the Hardest