Downfall: Malcolm Turnbull Doomed as Rebel MP’s Wreck PM’s Big Push for More Subsidised Wind & Solar

  Australia’s RE obsessed PM, Malcolm Turnbull has committed political Hara-Kiri with his brazen push to double subsidies to wind and solar. The National Energy Guarantee is being pitched as a policy that will slash Australian retail power bills, notwithstanding that it effectively increases the current annual Renewable Energy Target (currently 33,000 GWh for wind […]

Power Politics: Rocketing Power Prices Demand Immediate End to Wind & Solar Subsidies

The causes of Australia’s self-inflicted renewable energy disaster are all political; and have nothing to do physics, engineering, the weather or some kind of fossil-fuelled conspiracy. The policies were deliberately designed to destroy Australia’s affordable and reliable power supplies. And, according to their purpose, they’ve done just that. Last week, the Australian Competition & Consumer […]

Wind & Solar Subsidies Caused Australia’s Power Crisis: Salvation Means Slashing Them Now

The adults have just taken control of Australia’s renewable energy debacle: the ACCC’s investigation into RE subsidies and power market gaming spells the end for subsidised wind and solar. As STT has pointed out on more than one occasion: when a policy is unsustainable it will either collapse under its own imponderable weight, or its […]

Renewable Energy Wars: MP’s Push For Reliable Coal-Fired Power Means D-Day for Wind & Solar

Doing the same thing repeatedly and expecting different results is insanity. And, so it is, with a gaggle of Australian MPs still wedded to the delusion that you can run an economy on sunshine and breezes. South Australia set the benchmark: with a grid on the brink of collapse and the world’s highest power prices, […]

If Australians Want Reliable & Affordable Electricity: It’s Coal-Fired Power or Nothing

The debate surrounding Australia’s energy crisis is occupied by two camps: deluded zealots and pragmatic realists. STT sits with the latter: we couldn’t care less whether electricity was generated using doggie doo, provided it’s available and affordable, to all-comers. Australia, as the world’s third largest exporter of uranium, ought to be throwing its money and […]

Energy Minister Delivers Killer-Blow to Australian Industry: Mass Power Cuts Now Formal Government Policy

  An obsession with the ‘unreliables’ – wind and solar – has destroyed Australia’s once reliable and affordable power supply. Consistent with that theme, Australia’s Energy Minister has just given the two fingered salute to Australian business. Josh Frydenberg is pushing a National Energy Guarantee which (as pointed out in last night’s post) could have […]

State Sanctioned Theft: Australia’s Renewable Energy Subsidies a $60bn Wealth Transfer

Selling electricity is a complex caper, permitting a sharp and mercenary few to make out like bandits, at the expense of the gullible many. In Australia, the power market was hijacked around 20 years ago, with the creation of the National Electricity Market. Then the game changed entirely, as chaotic wind and solar were added […]