The truth about the great wind power fraud
Fixing Australia’s power pricing and supply calamity means slashing subsidies to wind and solar: not in 2020, not in 2030, but right now. For the wayward and confused, it’s always important to remember that a straight line is the shortest, and often the safest, route home. Australia’s self-inflicted energy crisis started out with massive subsidies […]
A week or so back, we picked up on a brilliant article in The Australian by Henry Ergas – Professor of Infrastructure Economics at the University of Wollongong’s SMART Infrastructure Facility – in which he likened Australia’s renewable energy policies to a death wish (our post here). Henry’s back, this time on 2GB detailing the […]
Among the leaders of fanatical death cults, Jim Jones was probably one of the more endearing and charismatic: in 1978, at ‘Jonestown’, Guyana he encouraged 910 of his followers to gulp down some grape-flavoured Kool Aid and the rest, as they say, is history (it certainly was for the faithful cordial consumers). The psychology […]
*** When Electricity Bill Shorten came out to announce Labor’s 50% renewable energy target, a month back back, Tony Abbott quite rightly jumped on it as an economy destroying policy, that would drive power prices through the roof; energy intensive businesses offshore; and households into a dim, dark electricity free future. And fair enough: Adam […]
Greenhouse follies must end The Australian Henry Ergas 28 July 2014 Abbott must get rid of ineffective policies that hurt the economy THE carbon tax may have gone, but the players have not moved on. For the Greens, its resurrection is only a matter of time. Labor, ever reluctant to face realities, pretends to maintain […]
The Clean Energy Finance Corporation is the brainchild of the Green-Labor alliance that left the Australian taxpayer as the unwilling underwriters of highly speculative wind power ventures that conventional banks won’t touch with a barge pole. The CEFC is an outfit living on borrowed time – the Coalition have sworn that it’ll be scrapped […]
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