Snowy Pumped Hydro Scheme Set to Drain ‘Green’ Slush Funds & Starve the Wind Industry of Finance

*** Malcolm Turnbull’s Snowy 2.0 pumped hydro plan has set nerves on edge among the wind industry, its parasites and spruikers and ruffled feathers among Labor politicians and their mates who have wedded their own financial futures to wind. Likely to cost in the order of $7-8 billion, Snowy 2.0 is set to starve the […]

Energy Disaster Spells the End for Australia’s Renewable Energy Target

It happened in the blink of an eye: Australia went from energy heavyweight to a country in crisis looking for the equivalent of life support. Since STT got going in December 2012, we have drifted from frustration to despair and back waiting and hoping for mainstream journalists to recognise the existential threat posed by Australia’s […]

Turnbull Plays ‘The Man from Snowy River’ in Uncosted Pumped Hydro Plan

Hardly renowned for his political masterstrokes, Malcolm Turnbull has just drenched the opposition with his Snowy 2.0 plan. The Snowy Hydro Scheme is – without doubt – the single greatest renewable energy project ever built in Australia – with a mammoth 3,950 MW of capacity, which is available on-demand (unlike the infantile nonsense that is wind […]