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% […]

Australia’s Renewable Energy Calamity: The Never Ending Story Continues

Australians probably feel like they’re stuck in the MA+ sequel to The Never Ending Story – a horror movie in which a band of lunatics, driven by greed, stupidity and ideology took a little under a decade to destroy a once wealthy and prosperous Nation, while their renewables rent-seeking mates pocketed more than $60 billion […]

Australia’s Self-Inflicted Energy Crisis: Federal Government’s Renewable Obsession Cripples Country

Australia’s self-inflicted energy crisis is the product of an obsessive ideology, wedded to the nonsensical belief that modern economies can be powered by sunshine and breezes. The Federal Energy and Environment Minister, Josh Frydenberg never ceases to disappoint. His ignorance is only matched by his lack of shame. In the week just gone, Josh put […]

High Farce: Renewable Energy Target Sending Australia Broke

Tony Abbott’s RET, emissions policies made energy policy a farce The Australian Judith Sloan 12 August 2017 Tony Abbott may have seen the light on energy policy since ceasing to be prime minister. But when he had the top job, he made two fatal mistakes. The first was to agree to the renewable energy target […]

Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business

*** In yesterday’s post we described Alan Finkel’s report on Australia’s power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure […]

Power Prices Rocket & Dunces Dither as Australia’s Energy Crisis Deepens

Yesterday (Friday, 9 June), Alan Finkel released his long awaited report on Australia’s calamitous renewable energy policies, to sighs of despair and disappointment amongst those who actually understand how Australia’s electricity market works; or, rather, has been knowingly destroyed by massive subsidies to intermittent, unreliable, chaotic and expensive wind and solar power. Finkel’s report – […]

Australia’s PM Fiddles While Rome Burns: Keeping Federal RET a Recipe for a National Energy Disaster

*** ‘inertia’: noun a tendency to do nothing or to remain unchanged; “the bureaucratic inertia of the various tiers of government” synonyms: inactivity, inaction, inactiveness, inertness, passivity, apathy, accidie, malaise, stagnation, dullness, enervation, sluggishness, lethargy, languor, languidness, listlessness, torpor, torpidity, idleness, indolence, laziness, sloth, slothfulness. If STT was called upon to provide a single word […]