Burchell Wilson holds the chief economist role at the Australian Chamber of Commerce and Industry. He's been on the front foot for some time now, seeking the abolition of the mandatory RET - which he sees as "corporate welfare on a massive scale". Here's Burchell unloading in today's Australian. Sectors should join to beat … Continue reading Burchell Wilson: Sectors Should Join to Beat the RET
Tag: green energy
Mandatory RET Threatens Jobs & Australian Energy Security
The mandatory RET not only threatens thousands of real jobs, it's threatening Australia's energy security. The perverse market distortion created by the RET allows wind power outfits to dump electricity at prices approaching zero, on those occasions when the wind is blowing (see our post here). The result being that incumbent generators are precluded from … Continue reading Mandatory RET Threatens Jobs & Australian Energy Security
Irish Uprising: Thousands Flood Dublin to Protest Against the Great Wind Power Fraud
**** As ordinary - usually apolitical - people around the World start to cotton on to the true and hidden costs of wind power they are joining thousands of anti-wind power groups, becoming increasingly vocal and politically active. Canadians staged a huge anti-wind power fraud rally in Ontario, back in October last year (see our … Continue reading Irish Uprising: Thousands Flood Dublin to Protest Against the Great Wind Power Fraud
Pac Hydro promises but fails to fix its screeching fans at Cape Bridgewater
Pacific Hydro – run by Union Heavy, Garry Weaven and funded by Union Super money handled by Members Equity Bank, controlled by his best mate Greg Combet – operates a non-compliant wind farm at Cape Bridgewater in Victoria – and has done since 2008. The Victorian government is well aware that Pac Hydro does not … Continue reading Pac Hydro promises but fails to fix its screeching fans at Cape Bridgewater
Kill the subsidies and the wind industry dies
In recent weeks the greentard blogs have been overcome with grief as they moan about the almost inevitable consequences of the Coalition’s RET review, the future of the CEFC and now the ARENA fund - yet another taxpayer backed renewable slush fund that faces the chop. Their wailing and gnashing of teeth undermines their specious … Continue reading Kill the subsidies and the wind industry dies
Europe turns tail on wind: cuts subsidies, taxes profits
Well it has started in Europe - the march away from subsidies for intermittent and unreliable power sources such as wind energy. We'll let Brady Yauch, an economist and Executive Director from the Consumer Policy Institute in Canada, explain. Governments rip up renewable contracts Brady Yauch 18 March 2014 Europe’s renewable energy investors are facing … Continue reading Europe turns tail on wind: cuts subsidies, taxes profits
Angus Taylor: Infigen’s backdoor deal with ACT will triple power prices in Canberra
*** Infigen (aka Babcock and Brown) are DESPERATE to flog their wind farm interests in Australia and head back home to the US. They have a stack of planned and approved wind farms in Victoria and NSW, but haven't got a snowball's chance in hell of building any of them without a Power Purchase Agreement … Continue reading Angus Taylor: Infigen’s backdoor deal with ACT will triple power prices in Canberra
Rats leaving the sinking ship
It was Bruce who pointed out that if you have a mouse plague, the way to deal with it is to remove the food source. Well it is the same with the wind industry. Wind farm plans in tatters after subsidy rethink Robert Mendick March 2 2014 Plans to build wind farms in England and … Continue reading Rats leaving the sinking ship
Burchell Wilson: The RET is corporate welfare on a massive scale
The Government's review of the impact of the RET on power prices is expected to result in either a massive cut to the renewable energy target - or the scrapping of it outright - a move backed by the Australian Chamber of Commerce and Industry's Chief Economist Burchell Wilson. Burchell Wilson has already given the … Continue reading Burchell Wilson: The RET is corporate welfare on a massive scale
Ben Acheson – Wind Energy: Chalk it Up As a Loss
Ben Acheson writes for the Huffington Post. He's also the Energy and Environment Policy Adviser and Parliamentary Assistant to Struan Stevenson MEP at the European Parliament in Brussels. In addition to his expertise on Energy and Environment issues, he has an in-depth knowledge of regional security in Central Asia, animal welfare within the European Union … Continue reading Ben Acheson – Wind Energy: Chalk it Up As a Loss