Australia’s Endless Renewable Energy Nightmare: Subsidies Worth $4bn a Year Run Until 2031

  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 […]

America’s Wind Industry Squeals as Republicans Slash Massive Wind Power Subsidies

The wind industry is a lot like Peter Pan – the perpetual infant, hard-wired to fight, kick and scream to avoid the stark reality of adulthood. How often have we heard the yarn about wind power needing those life-giving subsidies (filched in their hundreds of $billions from taxpayers and power consumers) to continue for just […]

Sheik-Down, Down-Under: Saudi Billionaire Pockets $300m in Renewable Subsidies

Saudi solar tycoon’s $300m handout The Australian David Crowe 19 September 2017 Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test of the federal government’s looming energy reforms, escalating a dispute over whether to cut the handouts to keep coal-fired […]