Australia’s Energy Minister, Josh Frydenberg’s obsession with wind and solar is literally crippling his country: rocketing power prices have left tens of thousands of families powerless; and energy hungry businesses are gobsmacked at his every gormless utterance. Threatened by the Monash Forum (a group of 30 or so Liberal and National MPs), Frydenberg has taken … Continue reading Australian Business Despairs: Renewables Obsessed Energy Minister Throws Economy to the Wolves
Tag: Malcolm Turnbull Monash Forum
Renewables Reckoning: Close Coal-Fired Power Plants & Watch Power Prices Rocket
Adding massively subsidised and chaotically delivered wind and solar to a power grid is guaranteed to send power prices through the roof (see above). Witness a little economic backwater called South Australia which - due to a maniacal obsession with sunshine and breezes - suffers the highest retail power prices in the world, routine load … Continue reading Renewables Reckoning: Close Coal-Fired Power Plants & Watch Power Prices Rocket
Monash Forum: Rattles Renewables Rent Seekers with Threat to Endless Subsidies
In a little over 15 years, Australia has gone from an energy superpower to an international joke. Power prices are rocketing, and its Eastern Grid is on the brink of collapse. All for the sake of a pointless, ideological obsession with wind and solar power. Thankfully, a solid rump of 30 Liberal and National … Continue reading Monash Forum: Rattles Renewables Rent Seekers with Threat to Endless Subsidies
Postcards from The Edge: The Naked Insanity of Australia’s Renewable Energy Debacle
Australia’s self-inflicted energy crisis is an IQ test for anyone game to take the challenge. Published every day, the results provide a permanent record for future generations, enabling them to praise the scholars and punish the dunces. Over the last few weeks, Australia’s Federal Treasurer, Scott Morrison entered the contest and earned a spectacular … Continue reading Postcards from The Edge: The Naked Insanity of Australia’s Renewable Energy Debacle
Sunset on Chaotic Renewables: Monash Forum Pushes Australia’s Reliable & Affordable Coal-Fired Future
Australia isn’t powered by sunshine and breezes, it’s powered by coal. No amount of wishing, hoping or cursing is about to change that fact. Major retailers and generators are lining up to purchase coal-fired power plants, for that very reason. It’s quite simple really: power consumers (be they businesses or householders) want power as … Continue reading Sunset on Chaotic Renewables: Monash Forum Pushes Australia’s Reliable & Affordable Coal-Fired Future
Turnbull’s Energy Dilemma: Pro-Coal Monash Forum Threatens PM’s Tenuous Grip on Power
Politics is a cruel caper and, in Australia, the politics of power is merciless. Malcolm Turnbull has just lost 30 Newspolls in a row; the apparently fatal number that gave him licence to knife a sitting PM, Tony Abbott in September 2015. In an election fought on Labor’s ‘Carbon Tax’ (a monstrously expensive tax … Continue reading Turnbull’s Energy Dilemma: Pro-Coal Monash Forum Threatens PM’s Tenuous Grip on Power