The truth about the great wind power fraud
Net-zero carbon dioxide targets are all about giving more subsidies to unreliable wind and solar which inevitably drive power prices through the roof. Increase power prices, as with any input cost, and profits inevitably diminish. Meaningful employment depends upon healthy and sustainable profits. So, as any student of that dismal science will readily tell you, […]
If the objective of Australia’s energy policy is destroying its economy, we’re well on the way. With more than $70,000,000,000 squandered on subsidies to wind and solar, both large-scale and domestic, power prices rocketing out of control, routine, mass power cuts, whenever the sun sets and/or calm weather sets in, and the destruction of […]
Australia’s energy policy reads like a National suicide note: power prices went from the lowest in the world to the highest, in little over a decade. Plotting the path to destruction is pretty easy: start by throwing $60 billion in subsidies at wind and large-scale solar, demonise cheap and reliable coal-fired power and put lunatics […]
The prospect of a Shorten lead Labor government brings with it a 50% RET and a 45% emissions reduction target (an enormous ‘carbon’ tax by any other name). The consequence will be spiralling power prices and Soviet-era power rationing, whenever the sun sets and/or calm weather sets in. As every South Australian knows, attempting to […]
Anyone wanting to understand what a 50% RET can do to an economy, look no further than South Australia. Once upon a time, thanks to cheap and reliable coal-fired power, it was a manufacturing heartland. In the 1970s, Adelaide was home to 2 (General Motors Holden and Chrysler – taken over by Mitsubishi in […]
Australia was once an energy superpower, supporting mining, mineral processing, manufacturing and energy-intensive agriculture (think irrigators, dairies, aquaculture and horticulture). Pretty soon, if Bill Shorten’s Labor Party gets anywhere near the controls, power prices will be driven to astronomical levels and those industries driven out of existence. Hundreds of thousands of well-paid, meaningful jobs […]
There’s something uncanny about the relationship between rocketing power prices and renewable energy: ask a German, Dane or South Australian. The consequences of Germany’s obsession with sunshine and breezes are starting to hit home, with a vengeance. Its economic backbone, referred to as the ‘Mittelstand’ (small to mid-size firms, either in family or private hands) […]
Australia’s enviable prosperity isn’t due to sunshine and breezes, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium. Australia also has an abundance of bauxite which, when a reliable and affordable power sources is added, turns ‘NT road-gravel’ into aluminium – a high-value metal used in all […]
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