PM’s Reliable Power Play Spells Disaster for Unreliable & Intermittent Wind Power

  Politics is a cruel caper, at the best of times. And, in Australia, power politics is merciless. A decade and-a-half of government intervention in the power market has left Australia with the highest power prices in the world and a grid on the brink of collapse. The disaster is largely down to distortions caused by […]

Time to Tear Up Australia’s Economic Suicide Note: Renewable Energy Target Must Go Now

  Malcolm Turnbull should come clean and explain to his party and the public that his son, Alex is heavily invested in wind power outfit, Infigen and did so at a time when it was on the brink of bankruptcy. In one of the luckiest bets of all time (see our post here), Alex Turnbull managed […]

Wind Power: The Mother of All Taxpayer Subsidised Scams

STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind […]

Wind Industry Demands End to Subsidies: Wind Power Now Cheaper than Coal & Gas-Fired Power

Admit it, we had you there for a moment. No, our headline is definitely fake news. However, if the wind industry was taken at its word (unlikely) then the subsidies would have ended years ago. The likes of AGL, the Clean Energy Council and a whole band of wind worshipping lunatics have been telling us […]

Australia’s Renewable Energy Disaster Sends Government Scrambling for Reliable Power

Australia’s self-inflicted renewable energy calamity has its Federal Coalition government in a state of perpetual panic. Sometimes panic is warranted, either by the gravity of the threat or the limited time within which to respond to the threat. In this case, time really is a factor. The AEMO has released a report that shows Australians […]

Australia’s Renewable Energy Target Delivers Highest Power Prices in the World

STT has been battling this for years. We have attempted to throw every sound and reasoned argument against subsidised wind power, but the single most damaging feature of attempting to rely on the weather for power is the obscene cost. In short, the headline grabber is always, and everywhere, retail power prices. No amount of […]

Australia’s $60bn Business & Job Killing Renewable Energy Target: Turnbull & Frydenberg Dare Not Speak Its Name

Finally, the message is starting to get through: Australia’s Renewable Energy Target is a $60 billion tax on all Australian power consumers and, therefore, a guaranteed business and job killer. However, those tuned in to the PM, Malcolm Turnbull and his hapless sidekick, Josh Frydenberg wouldn’t know it. Frydenberg continues to rail about Labor’s ‘aspirational’ 50% […]