Wrecking Ball: Labor’s 50% RET Guarantees Wholesale Economic Destruction

  Anyone wanting to understand what a 50% RET can do to an economy, look no further than South Australia. Once upon a time, thanks to cheap and reliable coal-fired power, it was a manufacturing heartland. In the 1970s, Adelaide was home to 2 (General Motors Holden and Chrysler – taken over by Mitsubishi in […]

SA Premier Promises to Double Power Prices & Destroy Grid: 75% RET = 100% Lunacy

  Looking for an example of how to destroy an economy? Look no further than wind ‘powered’ South Australia. Where Australia’s other capital cities are growing so fast that they look like bursting, Adelaide’s population is shrinking; the best and brightest exit as fast their Commodores can carry them, leaving an ageing population and a […]

Australia’s Renewables Debacle Killing Business, Jobs & Whole Energy Hungry Industries

Australia’s suicidal renewable energy policies have driven power prices through the roof and are driving energy hungry businesses and whole industries to the wall. Those with their hands on the tiller, keep telling us that this is all part of an ‘inevitable transition’ to a world that runs entirely on nature’s wonder fuels: the sun […]

South Australia’s Wind Powered Train Wreck: SA’s Business Leaders Warn Other States – ‘It’s Your Turn Next’

Only the Germans could come up with a single word to capture the churlish sentiment of feeling a sense of malicious glee at another’s downfall.  However, to STT the gleeful component of ‘schadenfreude’ is tempered with the realisation that there is no escape for any Australian from the debacle, in which South Australians now find […]

Wind Industry Makes Absurd Claim that Wind Power Lowers Retail Power Prices

Wind industry propaganda is an artform, which works on the adage, once employed by a crazy little German with a funny mustache, that: “If you tell a big enough lie and tell it frequently enough, it will be believed.” The latest wind industry wheeze is to turn black into white, by claiming that occasionally adding […]

South Australia: Proving Wind Power a Recipe for Social & Economic Disaster

The image above is taken from the Collins Picture Dictionary under the definition of ‘chaos‘: complete confusion and disorder : a state in which behavior and events are not controlled by anything. To be fair, South Australia’s power supply is ‘controlled’ ……  ‘controlled’ by the vagaries of the weather, that is. Renewables alone a recipe […]

Want to Destroy Your Economy? Then Follow the World’s Wind Powered Leaders: Germany & South Australia

As any student of that dismal science will tell you: for businesses, input costs matter. While wind-cultists claim that their beloveds wouldn’t hurt a fly, let alone wreck whole industries, the reality is a long way removed from eco-fascist fantasy. Jack up power prices and, all things equal, an energy hungry firm’s profits must fall […]

Wind Power Disaster Unfolds: SA Facing Total Blackouts, Rocketing Power Prices & Thousands More Chopped from the Grid

**** To call what South Australia’s Labor government has ‘gifted’ their constituents an energy ‘policy’, is to flatter it as involving some kind of genuine ‘design’. It’s an economic debacle, pure and simple. The current mess started under former Premier, Mike Rann –  a former spin-doctor, whose relatives lined up at the wind power subsidy […]

Tony Abbott’s Business Advisor, Maurice Newman says: “RET is killing manufacturing”

Maurice Newman was the former head of Deutsche Bank, the ABC and ASX so you’d think he might know a thing or two about the big end of town. When it comes to giant fans Maurice doesn’t mince his words: calling wind power “a crime against the people” (see our post here). Maurice has also […]

ETSA: Sir Tom Playford’s Ghost

**** Once upon a time, in a land far, far away there was a place called South Australia – and it enjoyed electricity delivered reliably and at retail prices amongst the lowest in the world (no, it wasn’t a dream). The brainchild of agrarian socialist, Liberal Premier, Sir Thomas Playford, the Electricity Trust of South […]