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

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

South Australia’s Lessons for the World: Subsidised Wind Power The Fastest Route to Social & Economic Disaster

Judith Sloan: lays out a lesson on avoiding economic & social disaster. **** In a week when the mainstream media have been (finally) laying out the catastrophic results of South Australia’s ludicrous attempt to power itself on sunshine and breezes, it would be rude not to include this cracking article penned by The Australian's top-flight … Continue reading South Australia’s Lessons for the World: Subsidised Wind Power The Fastest Route to Social & Economic Disaster

LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION

**** As STT has pointed out – just once or twice – the Large-Scale Renewable Energy Target is simply unsustainable: any policy which is unsustainable will eventually fail under its own unfathomable weight; or its creators will be forced to scrap it, in circumstances of shame and ignominy. We’ll go on to detail just why … Continue reading LRET “Stealth Tax” to Cost Australian Power Punters $30 BILLION

Judith Sloan: Junking the RET is the right thing to do

Judith Sloan has already entered the STT Pantheon with an earlier piece on the insanity that is the RET (see our post here). Well, the lass with a head for numbers - and smarter than brain pie - is back at it with this sizzling piece from The Australian. Junking energy target is right The … Continue reading Judith Sloan: Junking the RET is the right thing to do

Judith Sloan joins the queue to scrap the RET

Senior and experienced economists are lining up to scrap the RET. STT readers have heard the “word” from Burchell Wilson and Alan “The Terminator” Moran. The number crunchers are on the warpath, for good reason. The Renewable Energy Target is a ludicrously expensive and utterly ineffective means of reducing CO2 emissions, which is what is … Continue reading Judith Sloan joins the queue to scrap the RET