Last Sunday, STT detailed the workings of Malcolm Turnbull’s National Energy Guarantee and the associated Emissions Obligation faced by power retailers. Not that we were out to defend it. Indeed, while it has some promise of restoring stability to Australia’s electricity grid (being pushed to the brink of collapse by a ludicrous attempt to run … Continue reading Australia’s Self-Inflicted Renewable Energy Fiasco: Product of Political Treachery
Tag: Cost of subsidised renewables
What Subsidised Wind & Solar Power Really Costs: And It’s Simply Staggering
A story that emerged last week involved the Australian Competition and Consumer Commission making a botch of an ‘investigation’ into the causes of Australia’s rocketing power prices. There were plenty of solid efforts correcting the ACCC’s unforced errors, here’s one from Andrew Bolt. No, Journalists are wrong. Green schemes don't add "just" 7% to Power … Continue reading What Subsidised Wind & Solar Power Really Costs: And It’s Simply Staggering
Renewables Debacle Double-Up: National Energy Guarantee Renders RET Redundant
Sometimes there is only room enough in town for a single gunslinger. As Gary Cooper demonstrated, more than once, when it comes to a showdown, one or more of them has to go. Because Malcolm Turnbull’s proposal for a National Energy Guarantee is a policy directed at undoing the obvious and inevitable harm that the … Continue reading Renewables Debacle Double-Up: National Energy Guarantee Renders RET Redundant
Time to Tear Up Australia’s Economic Suicide Note: Renewable Energy Target Must Go Now
Malcolm Turnbull should come clean and explain to his party and the public that his son, Alex is heavily invested in wind power outfit, Infigen and did so at a time when it was on the brink of bankruptcy. In one of the luckiest bets of all time (see our post here), Alex Turnbull managed … Continue reading Time to Tear Up Australia’s Economic Suicide Note: Renewable Energy Target Must Go Now
Former PM Tony Abbott Slams Insane Cost of Unreliable Wind & Solar as Economic Suicide
https://youtu.be/K3apjjlShgE Here's the speech that sent wind and sun worshippers into melt-down. Address to the Global Warming Policy Foundation, Westminster London Hon. Tony Abbot MP 10 October 2017 Thank you for giving me the same platform that you’ve previously given to fellow Australians John Howard and George Pell. I will strive to be worthy … Continue reading Former PM Tony Abbott Slams Insane Cost of Unreliable Wind & Solar as Economic Suicide
Wind Power: The Mother of All Taxpayer Subsidised Scams
STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind … Continue reading Wind Power: The Mother of All Taxpayer Subsidised Scams
Why Governments Refuse to Admit the True & Staggering Cost of Subsidised Wind & Solar
If the true and staggering cost of subsidised wind and solar power were public knowledge, there would be public outrage. For more than a decade the wind industry and its political enablers have trotted out mythical figures, all based on fanciful modelling, claiming that the total cost of renewable power to consumers is less than … Continue reading Why Governments Refuse to Admit the True & Staggering Cost of Subsidised Wind & Solar
Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Ian Plimer is an Australian geologist, professor emeritus of earth sciences at the University of Melbourne, professor of mining geology at the University of Adelaide, and the director of multiple mineral exploration and mining companies. He has published numerous scientific papers, 7 books and is one of the co-editors of Encyclopedia of Geology. Ian also … Continue reading Ian Plimer: The Climate Change Delusion and The Great Electricity Ripoff
Germany’s Energiewende ‘Blown’ Away: Mutti Merkel’s Mauling Threatens Doom for Subsidised Wind & Solar
Germany’s love affair with wind turbines and solar panels has clearly turned sour. During the winter just gone, with a total collapse in wind and solar power output, Germany had to scramble to keep its lights on using coal-fired power plants, resurrected to deal with a grid on the brink of collapse and nuclear power imported … Continue reading Germany’s Energiewende ‘Blown’ Away: Mutti Merkel’s Mauling Threatens Doom for Subsidised Wind & Solar
Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators
AGL shows why power generators shouldn’t be energy retailers The Australian Judith Sloan 26 September 2017 Former senior executives of AGL must surely be shaking their heads in dismay. As the oldest listed company in the country, AGL has a tradition of measured and conservative conduct, as would be expected of a utility in the … Continue reading Government Uses Fake Gas ‘Crisis’ to Force Suppliers to Guarantee Gas to Costly & Inefficient Peaking Power Generators
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