Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET

*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In … Continue reading Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET

Frydenberg’s Carbon Credit Capers: Coalition Signals the End for Australia’s Renewable Energy Target & Wind Power

*** A week is an awfully long time in politics and, when the subject is Australia’s calamitous energy policy, it’s a veritable aeon. When Josh Frydenberg waltzed into the Energy and Environment Portfolio, STT tried to warn the ambitious colt from Kooyong that he had, in fact, just inherited a political poisoned chalice. Last week, … Continue reading Frydenberg’s Carbon Credit Capers: Coalition Signals the End for Australia’s Renewable Energy Target & Wind Power

Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

**** With news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here), the wind industry and its parasites have been reduced to a pitiful spectacle: drifting between pleading and begging for mercy, on the one hand, and foaming rage, on the other. These desperados … Continue reading Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

Call to Scrap RET goes from Whisper to Roar: BCA joins the queue

Renewable energy target distorting market: BCA The Australian Annabel Hepworth 14 February 2014 THE nation’s peak business group has warned that the controversial renewable energy target — already blamed for distorting the $11 billion National Electricity Market — could become more expensive when the carbon tax is repealed. In a submission obtained by The Australian, … Continue reading Call to Scrap RET goes from Whisper to Roar: BCA joins the queue

Nick Xenophon says: Time to Can the Fans

*** South Australia’s favourite Greek, Senator Nick Xenophon is on an all out assault on the wind industry – and fair enough.  During the last election he was the target of a pernicious attack launched by the Greens and paid for by Vestas & Co – Nick was less than impressed with the lies and … Continue reading Nick Xenophon says: Time to Can the Fans

Stanwell Corp says the RET must GO

**** STT hears the queue outside Environment Minister, Greg Hunt’s office is becoming rowdier and larger by the day.  Real power generators are keener than ever to get rid of the mandatory Renewable Energy Target – and see the potential for the Coalition’s Direct Action policy to do just that. Operatives from Queensland’s biggest power … Continue reading Stanwell Corp says the RET must GO

Energy Policy Institute of Australia: no “ifs”, no “buts” – the RET must go NOW

With the RET review about to kick off shortly, anyone that’s anyone is lining up to make sure the most ridiculous energy policy ever cooked up and endorsed by an Australian Coalition government gets the axe. The Energy Policy Institute of Australia has just joined the queue - and for very good reason.  We’ll let … Continue reading Energy Policy Institute of Australia: no “ifs”, no “buts” – the RET must go NOW

Geothermal: a REAL Renewable Alternative

**** STT is a huge fan of renewable energy - provided it can be delivered on demand (see our posts here and here). Wind power - through the efforts of crooks and hucksters, like Enron and Babcock & Brown aka Infigen – who set the up the RET rort in the first place - stole … Continue reading Geothermal: a REAL Renewable Alternative

Origin’s Grant King: Giant Fans Fail to Reduce CO2 At All

**** Australia has spent $billions propping up wind weasels with cheap money (read unsecured loans which are, in effect, interest free) from the Clean Energy Finance Corporation (see our post here); the benefit of the mandatory Renewable Energy Target, which forces retailers to purchase wind power on pain of a fine - aka the “shortfall … Continue reading Origin’s Grant King: Giant Fans Fail to Reduce CO2 At All

Liberal tilts at expensive wind mills

Angus Taylor at a property near Gunning in NSW . . . he says the renewable energy target scheme is inefficient Photo: Rob Homer Source: AFR Australian Financial Review February 26, 2013 By Mathew Dunckley and Marcus Priest A star business recruit to the Liberal Party is trying to convince the Coalition to reduce its support for … Continue reading Liberal tilts at expensive wind mills