To End Australia’s Wind Power ‘Horror Show’, Turnbull Must Scrap the RET Right Now

XXX at Parliament House on September 14, 2015 in Canberra, Australia. Malcolm Turnbull announced this morning he would be challenging Tony Abbott for the Liberal Party leadership.

*** As modern Hollywood ‘gangstas’ often remonstrate with their fellow ‘homies’ – when the LAPD appears in numbers, out of nowhere and hot lead starts flying – ‘this shit just got real’. With South Australians baying for political blood – after yet another wind power output collapse knocked out SA’s wholly weather-dependant power supply – […]

Turnbull Turns: Australia’s Federal Government Backs HELE Coal-Fired Power Plants

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*** Australia’s Federal government is led by the patrician and aloof, Malcolm Turnbull. A former investment banker and, before that, trusted Consigliere to media heavyweight, the late Kerry Packer, Turnbull is grappling with a renewable energy target that is set to destroy once profitable and productive Australian businesses and punish Australian families for generations to […]

Wind Power Insanity: Queensland Labor’s Renewable Policy Off the Wall

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*** As if the example set by South Australia’s disastrous attempt to run on sunshine and breezes could somehow be avoided, Labor Premier Annastacia Palasz­czuk is hell-bent on following SA back to the Dark Ages. The Queensland government is packed with wannabe wind cultists (Queensland has only a couple of tiny wind farms to its […]

Australia’s Renewable Target Kills 2,000 Victorian Jobs at Hazelwood & Portland

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*** To call what Australian politicians refer to as energy “policy” is to flatter it as involving some kind of deliberate design. As things have panned out in South Australia, and are fast panning out in neighbouring Victoria, there is only one fair description: “total chaos”. South Australia lost 784MW of reliable, affordable base-load power […]

Australia’s Federal RET Blown Away by South Australia’s Wind Power Disaster

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Renewable strategy blowing in the spin The Australian Graham Lloyd 6 October 2016 The nation’s renewable energy strategy has officially blown a fuse. Everything is back on the table after an interim report found last week’s storm-induced statewide blackout in South Australia was the result of a dramatic, sudden loss of wind power generation. The […]

Wind Industry’s Deathknell: Wind Power Shortfall Means Power Consumers Will be Forced to Pay $20 Billion in Fines

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*** While the short-term fortunes wind power outfits have never looked brighter, the fact that the price of RECs (aka LGCs) has recently gone through the roof is a signal that the game is all but up. Before we detail why the wind industry is on its last legs, we’ll start with a couple of […]

SA’s Wind Power Debacle: Opportunity Knocks for More Subsidy-Sucking Rent Seekers

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Investment is not always good Catallaxy files Judith Sloan 29 July 2016 Since the return of the Labor-lite Turnbull government – or should that just be Labor – the rent-seekers in the renewable energy space have been out and about. No doubt, the South Australian debacle has thrown a spanner in the works, but the […]