Wicked Waste: Rocketing Prices & Blackouts Only ‘Dividend’ From $60bn in Subsidies to Wind & Solar

Setting fire to cash is one way of destroying value, throwing $billions in subsidies at intermittent wind and solar is just as effective. Chicago gangsters displayed their notorious net worth by stoking up their stogies with hundred-dollar bills. Easy come, easy go, as they say. So it is with the unreliables: wind and solar. Australian … Continue reading Wicked Waste: Rocketing Prices & Blackouts Only ‘Dividend’ From $60bn in Subsidies to Wind & Solar

French Kiss of Death: Paris Obsession Driving Australian Power Prices Through the Roof

For Australian households and businesses being crushed by out-of-control power prices the Paris Climate Agreement is a maniac’s suicide note. With nothing else to justify the $60 billion being thrown in subsidies at chaotically intermittent wind and solar, renewable energy rent seekers are clinging to the notion that the deal done in the City of … Continue reading French Kiss of Death: Paris Obsession Driving Australian Power Prices Through the Roof