Wind Industry Still Wailing About ‘Uncertainty’ as Construction Finance ‘Drought’ Hits

Wind power outfits have now cottoned on to the fact (slow learners that they are) that Australia’s big power retailers have turned their backs on the wind to face the Sun, instead. The former second-hand car salesmen that front the wind industry are still coming to grips with the recalcitrance of commercial retailers (we don’t […]

Bankers & Investors Close Ranks & Doom Wind Industry to Death By A Thousand Cuts

**** Earlier this week we looked at how Australia’s big power retailers have turned their backs to the wind to face the Sun, instead. Commercial retailers (we don’t count the ACT Government) haven’t entered any Power Purchase Agreements with wind power outfits since November 2012; and, we hear, have determined not to enter any more […]

Got Money in the Great Wind Power Ponzi Scheme? Then, Grab it & Get Out Now!

**** The wind industry in Australia – as elsewhere – is in its death throes. 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 […]

Texans Move to Slam Wind Power Subsidies

**** The great wind power fraud is in meltdown around the globe. In the US, ‘wind power’ states have cut their state based subsidies to wind power outfits (or are well on the path of doing so); and Republicans are out to prevent the extension of the Federal government’s PTC wind power subsidy: 2015: the […]

Wind Industry Ponzi Scheme Collapsing: Pacific Hydro’s “Downfall”

**** Pacific Hydro is a name synonymous with wind industry skulduggery in Australia: the merciless treatment of its victims at Cape Bridgewater has been added to the annals of Australian corporate infamy, right up there with Aussie asbestos pedlar, James Hardie (see our post here). Pac Hydro has copped a pasting for riding roughshod over […]

Ian Macfarlane, Greg Hunt & Australia’s Wind Power Debacle: is it Dumb and Dumber 2, or Liar Liar?

  Australia’s Energy Minister, Ian “Macca” Macfarlane and his youthful ward, Environment Minister, Greg Hunt are the flies in the Coalition’s political ointment, when it comes to engineering anything like a sensible policy on energy. Both Macfarlane’s and Hunt’s offices are filled with wind industry plants and stooges, like Hunt’s senior adviser, Patrick Gibbons. Patrick […]

Rearranging Deckchairs on the Titanic: or Ian Macfarlane’s Futile Efforts to Save the LRET & his mates at Infigen

**** For more than just a little while, STT has been pointing out that the Large-Scale Renewable Energy Target (LRET) is simply unsustainable – be that as a matter of simple economics; or as a cold, hard political fact. A couple of weeks back, we provided a very detailed analysis as to just why the […]