Threat to Endless Subsidies Sends Australia’s Renewable Energy Companies Into Meltdown

Wind and solar power were both founded on lies and myth, and can only exist when and where massive subsidies are practically perpetual. Now that it’s become impossible for them to hide the obvious relationship between intermittent wind and solar and rocketing power prices and grid instability, the pleading to maintain the subsidies that sustain them, […]

Australian Power Retailers Give Renewable Energy Target 3 Years to Live

In this little piece from The Australian, keep an eye out for some truly desperate characters, who are having real trouble coming to terms with the fact that Australia’s electricity retailers have given the LRET no more than three years to live. Investment stalemate puts renewable energy target at risk The Australian Andrew White 16 […]

‘Greens’ Gamble on Your Future; while PM Stops CEFC from Laying Wind Power Bets

**** A little while back, that great philosopher, Kenny Rogers spelt out the rules for Gamblers in clear and simple terms: You got to know when to hold ‘em, know when to fold ‘em, Know when to walk away and know when to run. You never count your money when you’re sittin’ at the table. […]

Australian Wind Industry’s ‘Armageddon’: PM Chops Public Finance for Wind Power

**** To call the mood amongst the wind industry, its parasites and spruikers “hysterical” is mastery in understatement. Their future is not just dark and dismal; it’s heading from catastrophic to cataclysmic. On every battlefront the wind industry is taking a pounding. New research confirming adverse health effects caused by incessant low-frequency noise and infrasound […]

Australia’s Clean Energy Regulator Doles Out $Billions in Subsidies to Non-Compliant Wind Farms

**** Last week saw some of the most bizarre “fun and games” ever seen before the Australian Senate, as the wind industry’s “friendlies” in the employ of the Government or its Agencies – such as the Clean Energy Regulator (CER), Clean Energy Finance Coporation (CEFC) and the NHMRC – were grilled over a range of […]

Henry Ergas: the CEFC Labor/Green folly in the extreme

The Clean Energy Finance Corporation is the brainchild of the Green-Labor alliance that left the Australian taxpayer as the unwilling underwriters of highly speculative wind power ventures that conventional banks won’t touch with a barge pole. The CEFC is an outfit living on borrowed time – the Coalition have sworn that it’ll be scrapped as […]

US Renewable Guru commits heresy – once the facts are known support for fans plummets

Many STT readers will be aware that both the Australian government (where are you Greg Hunt) and the Clean Energy Regulator have been conspicuously silent amid allegations of fraudulent payments running to hundreds of millions of dollars relating to RECs – aka Large-scale Generation Certificates (LGCs) – created by non-compliant wind factories such as Waubra, […]