Politicians & Business Finally Waking Up to the Massive Costs of the LRET

**** In this post we highlighted the political distinction between the small scale renewable energy scheme (SRES) – which doles out subsidies for rooftop solar – and the Large-Scale RET (LRET) - upon which the debacle that is the wind industry depends. While Greg Hunt and Ian “Macca” Macfarlane have been running around talking up … Continue reading Politicians & Business Finally Waking Up to the Massive Costs of the LRET

Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET

STT followers have been delighted with news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here). In response to the PM's mooted plan, the wind industry and its parasites have been reduced to making idle threats of "revenge" and bleating about "sovereign risk". … Continue reading Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET