Annual Cost of Australia’s Solar Subsidy Scam Hits $2 Billion & Sends Power Prices Into Orbit

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 […]

Fixing Australia’s Power Pricing & Supply Crisis Means Cutting Subsidies to Wind & Solar, Right Now

The last thing Australia needs is another MW of intermittent power generation, which means slashing subsidies to wind and solar, right now. Thankfully, the new Energy Minister, Angus Taylor is determined to do just that. Taylor’s shortest route home is to fix the power market dispatch rules, which give preference to intermittent wind and solar. […]

Follow The Money: Self-Interested Fiction Supplants Hard-Coal-Facts in Mythical ‘Transition’ to All Wind & Solar Future

  Ignore the voluble pomposity and faux moral piety, the sole motivation driving RE zealotry is money. Lots and lots of other people’s money. And forget about saving the planet, this is about making a group of cynical, conniving and audacious rent-seekers fabulously, indeed filthy, rich. In what is the greatest, state-sanctioned wealth-transfer in human […]

Liberal MPs Demand End to Australia’s Economy-Wrecking, Hidden $60bn Federal Power Tax

Already suffering the world’s highest power prices, Australian power consumers have watched prices jump by anything up to 28% in 12 months. The greatest increases occurred, funnily enough, in the all-renewable obsessed Australia Capital Territory, home to the Australian Federal Parliament in Canberra. The ACT entered power purchase agreements to buy wind power generated (occasionally) […]

Cut the Subsidies and ‘Green’ Jobs Instantly Vanish: 80,000 German Solar Workers Sacked

  Remember all those stories about the wind & solar industries providing millions of groovy, well-paid ‘green’ jobs – as secure as Fort Knox? No? Sure, you’ll hear those pitching RE promise loads of ‘sustainable’ jobs, as they wail about dreaded ‘uncertainty’ – causing bankers to baulk and investors to flee; and as they demand (with […]

Monash Forum: Rattles Renewables Rent Seekers with Threat to Endless Subsidies

  In a little over 15 years, Australia has gone from an energy superpower to an international joke. Power prices are rocketing, and its Eastern Grid is on the brink of collapse. All for the sake of a pointless, ideological obsession with wind and solar power. Thankfully, a solid rump of 30 Liberal and National […]

‘Renewables Are Cheap’ Myth Busted: Full Cost of Wind & Solar Simply Staggering

South Australia is renowned as a renewable energy ‘superpower’: by some strange coincidence, it’s also renowned for having the highest retail power prices in the world. Wind and sun worshippers keep telling us that by plugging into nature’s wonder fuels we’ll soon enjoy power at 1970s prices. Except that that mantra is part myth and […]