Rent-Seeker’s Nirvana: Ultra-Rich Pocket $Billions in Wind & Solar Subsidies at Our Expense

The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the […]

Energy Minister Under Siege: Australian Businesses Refuse to Shut Down During Wind Power Collapses

Business operators have just worked out that Australia’s renewable energy policies are deliberately designed to destroy them. Concepts such as ‘demand management’ (state-ordered deliberate blackouts) are the natural result of seeking to run an entire economy on sunshine and breezes. This country wouldn’t be debating Josh Frydenberg’s National Energy Guarantee, the Australian Competition & Consumer […]

Generators Game Power Market Around Wind & Solar Output Collapses: Spot Prices Routinely Hitting $14,000/MWh

Australia’s self-inflicted power crisis has reached the point of full-scale disaster, with only one way out: killing subsidies to wind and solar. Australia’s competition watchdog, the Australian Competition & Consumer Commission has finally said what politicians are either too timid or too witless to even think. The chaos that’s been caused in the National Energy […]

Economic Mercy Mission: Monash Forum’s Drive for Reliable & Affordable Power Gets Steamed-Up

  Coal powers Australia: not sunshine, not breezes and, if you’re told otherwise, you’re being conned. So, keeping big base-load power generators in the game matters. That’s if you’re concerned about having power available 24 x 365 at prices that both businesses and households can afford. It’s that simple metric that has motivated the Monash […]

Australia’s Endless Renewable Energy Nightmare: Subsidies Worth $4bn a Year Run Until 2031

  The line that Australia’s rocketing power prices will soon plummet is just a cruel hoax. The subsidies for large-scale wind and solar under the Federal government’s Large-Scale RET will total more than $60 billion over the life of that scheme: the Renewable Energy Certificates issued under the LRET have already added more than $15 […]