Shorten’s Stranglehold: Labor’s 50% RET & ‘Carbon’ Tax Threatens Economic Annihilation

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 […]

Wrecking Ball: Labor’s 50% RET Guarantees Wholesale Economic Destruction

  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 […]

Bill Shorten’s ALP: Loves Subsidising Chaotic Wind & Solar/Hates Real Industry & Real Jobs

  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 […]

Renewables Reckoning: German Business Being Throttled by Rocketing Power Prices

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) […]

Renewables Disaster Killing Australian Industry: Big Users Forced to Shut Down In Calm & Cloudy Weather

  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 […]