**** A week or so back, Tony Abbott’s Coalition struck a deal with Labor involving a $46 billion electricity tax aimed at salvaging what’s left of Australia’s wind industry (see our post here). The ‘deal’ – which has passed the House of Reps – and is on its way to the Senate – is seen … Continue reading STT Champions in Coalition Ranks – Craig Kelly & Keith Pitt – Turn on $46 Billion LRET Debacle
Tag: Greg Hunt renewable target
Texans Move to Slam Wind Power Subsidies
**** The great wind power fraud is in meltdown around the globe. In the US, ‘wind power’ states have cut their state based subsidies to wind power outfits (or are well on the path of doing so); and Republicans are out to prevent the extension of the Federal government’s PTC wind power subsidy: 2015: the … Continue reading Texans Move to Slam Wind Power Subsidies
Greg Hunt Delivers Coalition’s Political Suicide Manifesto: Liberals Lock-In $46 Billion Power Tax as Wind Industry Rescue Package
**** The wind industry in Australia is doomed. Australia’s commercial lending institutions know it (calling in their loans and refusing to lend for any new wind farms). And the wind industry knows it - hence the big players’ frantic efforts to ditch their wind farms, cut and run – although these fire sales are as … Continue reading Greg Hunt Delivers Coalition’s Political Suicide Manifesto: Liberals Lock-In $46 Billion Power Tax as Wind Industry Rescue Package
Origin’s Grant King Spells Out the Inevitable Demise of the LRET & the Wind Industry
**** In last night’s post we took a look at China’s wind power debacle, where grid operators are refusing to hook up wind farms to the grid – due the uneconomic cost of doing so in remote locations – with the result that more than 20% of its wind power capacity sits idle – and … Continue reading Origin’s Grant King Spells Out the Inevitable Demise of the LRET & the Wind Industry
Wind Industry’s CO2 Abatement Claims Smashed by Top Physics Professor – Dr Joseph Wheatley
**** The mandatory RET has seen the cost of around $9 billion worth of Renewable Energy Certificates added to retail power prices and recovered from all Australian power consumers. Under the Large-Scale Renewable Energy Target, a further $45 to $55 billion will be transferred from power consumers to wind power outfits via the REC Tax/Subsidy … Continue reading Wind Industry’s CO2 Abatement Claims Smashed by Top Physics Professor – Dr Joseph Wheatley
Out to Save their Wind Industry Mates, Macfarlane & Hunt Lock-in $46 billion LRET Retail Power Tax
**** Wind industry front men, Ian "Macca" Macfarlane and, his youthful ward, young Gregory Hunt are out to defy all-comers: the Liberal's core constituency (of conservative voters); their colleagues, Joe Hockey and Mathias Cormann; boss, Tony Abbott; and political, economic and environmental common sense - as they pump up a deal with Labor to salvage … Continue reading Out to Save their Wind Industry Mates, Macfarlane & Hunt Lock-in $46 billion LRET Retail Power Tax
Labor, Greg Hunt & Australia’s Wind Industry Panic as LRET Set to Implode
**** Back in October last year, STT predicted that Australia’s Labor opposition would reject any moves by the Coalition to scale back the (completely unsustainable) Large-Scale Renewable Energy Target (LRET) (see our posts here and here). It was around that time, that the Coalition’s (killing) Industry Minister, Ian “Macca” Mcfarlane; and his youthful ward, (carpeting … Continue reading Labor, Greg Hunt & Australia’s Wind Industry Panic as LRET Set to Implode
Ian Macfarlane, Greg Hunt & Australia’s Wind Power Debacle: is it Dumb and Dumber 2, or Liar Liar?
Australia's Energy Minister, Ian “Macca” Macfarlane and his youthful ward, Environment Minister, Greg Hunt are the flies in the Coalition’s political ointment, when it comes to engineering anything like a sensible policy on energy. Both Macfarlane’s and Hunt’s offices are filled with wind industry plants and stooges, like Hunt’s senior adviser, Patrick Gibbons. Patrick … Continue reading Ian Macfarlane, Greg Hunt & Australia’s Wind Power Debacle: is it Dumb and Dumber 2, or Liar Liar?
LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION
**** As STT has pointed out – just once or twice – the Large-Scale Renewable Energy Target is simply unsustainable: any policy which is unsustainable will eventually fail under its own unfathomable weight; or its creators will be forced to scrap it, in circumstances of shame and ignominy. We’ll go on to detail just why … Continue reading LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION
Greg Hunt (“Dumb”) & Ian Macfarlane (“Dumber”) Out to Send ALL Australians Into Power Price Penury
Ian "Macca" Macfarlane and his youthful ward, Greg Hunt are the flies in the Coalition's political ointment, when it comes to engineering anything like a sensible policy on energy. Both Macfarlane's and Hunt's offices are filled with wind industry plants and stooges, like Vesta's Ken McAlpine's best mate, Patrick Gibbons; and both Macca and Hunt … Continue reading Greg Hunt (“Dumb”) & Ian Macfarlane (“Dumber”) Out to Send ALL Australians Into Power Price Penury
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