Who exempts the Poor from the LRET’s $50 Billion Electricity Tax & More Power Price Punishment?

**** The "debate" about the Large-Scale Renewable Energy Target continues to rage in Canberra, where the rent-seekers' game of "save the LRET at all costs" has been driven by the increasingly panicked and apoplectic rantings of Miles George and Kane Thornton. Miles heads up near-bankrupt wind power outfit Infigen (aka Babcock & Brown) and, to … Continue reading Who exempts the Poor from the LRET’s $50 Billion Electricity Tax & More Power Price Punishment?

It’s the Poor Who Suffer Most from the Great Wind Power Fraud

**** In a number of posts we've covered Bjørn Lomborg's critical analysis of how runaway renewables policies - and the spiralling power costs they cause - are having a devastating (and disproportionate) impact on the poorest in developed economies - and how they threaten to lock the poorest billion or so of our planet's inhabitants … Continue reading It’s the Poor Who Suffer Most from the Great Wind Power Fraud

Senator David Leyonhjelm: “Wake Up Clive!” – It’s Time to Kill the RET & Save the Poor

**** STT hears that Tony Abbott is hard at work on his mission to kill off the mandatory RET - with the aim of bringing an end to the most expensive and pointless policy of all time. One of the cross-bench Senators the PM needs to help demolish it during this parliament is David Leyonhjelm … Continue reading Senator David Leyonhjelm: “Wake Up Clive!” – It’s Time to Kill the RET & Save the Poor

Wind Power Costs send Germans back to the Stone Age

**** If you're going down to the German woods today, beware of a big surprise. Although it won't be cuddly Teddys with well-stocked picnic baskets and wonderful games to play - chances are it'll be a power starved German armed with an axe, looking to filch a pile of timber to cook his bratwurst and … Continue reading Wind Power Costs send Germans back to the Stone Age

Wind Power: Germany’s Road to Economic & Social Disaster

**** In our last post we covered the fact that German economists have (uncharacteristically) united in their opposition to Germany's renewables policy - referred to as the "Energiewende" - which has seen thousands of giant fans - and millions of solar panels - rolled out across Deutschland: one of their number, Max Planck concluding that … Continue reading Wind Power: Germany’s Road to Economic & Social Disaster