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 … Continue reading Wrecking Ball: Labor’s 50% RET Guarantees Wholesale Economic Destruction
Tag: power prices jobs
Bill Shorten’s ALP: Loves Subsidising Chaotic Wind & Solar/Hates Real Industry & Real Jobs
Australia was once an energy superpower, supporting mining, mineral processing, manufacturing and energy-intensive agriculture (think irrigators, dairies, aquaculture and horticulture). Pretty soon, if Bill Shorten’s Labor Party gets anywhere near the controls, power prices will be driven to astronomical levels and those industries driven out of existence. Hundreds of thousands of well-paid, meaningful jobs … Continue reading Bill Shorten’s ALP: Loves Subsidising Chaotic Wind & Solar/Hates Real Industry & Real Jobs
Renewable Energy Debacle Deepens: Chaotic & Costly Power Destroying Australian Industry
Australian is set to cross the Rubicon: following the path to Nirvana promised by renewable energy zealots, means inevitable economic and social oblivion. As the country continues pouring billions of dollars into the unreliables - wind and solar - power prices will continue to rocket out of control. And, even if an industrial or … Continue reading Renewable Energy Debacle Deepens: Chaotic & Costly Power Destroying Australian Industry
Ontario Ousts Renewables Obsessed Government: Wind Power Subsidies ‘Gone With The Wynne’
One modern myth is that political annihilation awaits any government devoted to reliable and affordable power. The meme has it that 100% of voters are 100% in favour of 100% renewable energy. They just might be. But, when faced with load-shedding, statewide blackouts and rocketing power prices, their purported fervour for nature’s wonder fuels … Continue reading Ontario Ousts Renewables Obsessed Government: Wind Power Subsidies ‘Gone With The Wynne’
Renewables Disaster Killing Australian Industry: Big Users Forced to Shut Down In Calm & Cloudy Weather
Australia’s enviable prosperity isn’t due to sunshine and breezes, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium. Australia also has an abundance of bauxite which, when a reliable and affordable power sources is added, turns ‘NT road-gravel’ into aluminium - a high-value metal used in all … Continue reading Renewables Disaster Killing Australian Industry: Big Users Forced to Shut Down In Calm & Cloudy Weather
The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs
Energy firms gaming system: BlueScope Steel boss The Australian Matt Chambers 12 October 2017 BlueScope Steel chief executive Paul O’Malley says power prices will rise under a clean energy target if baseload sources such as NSW’s Liddell coal-fired power station close, and that a more urgent 10-year baseload transition plan is needed. Mr O’Malley, whose … Continue reading The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs
RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business … Continue reading RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence
SA’s Deluded Labor Government Determined to Kill Jobs with 50% Renewable Energy Target
*** In a week when Coca-Cola Amatil announced that it would close its Adelaide bottling plant with the loss of 200 jobs, one might have reasonably expected South Australia's hapless Labor government to have taken the opportunity to retreat from its disastrous energy policy. To the contrary, Jay Weatherill & Co sought to double down … Continue reading SA’s Deluded Labor Government Determined to Kill Jobs with 50% Renewable Energy Target
Coalition LRET Deal Rejected: Labor Determined to Kill Jobs in Australian Mining, Manufacturing & Industry
**** Renewable energy target deal key to ‘saving jobs’ The Australian Sid Maher & Andrew White 23 October 2014 Labor caught between workers, Greens ahead of talks with coalition THE controversial renewable energy target faces cuts to save jobs in energy-intensive industries, under a Coalition plan to break the political impasse over the scheme, but … Continue reading Coalition LRET Deal Rejected: Labor Determined to Kill Jobs in Australian Mining, Manufacturing & Industry
Mandatory RET the Nail in the Coffin for Aluminium Processors
**** When it comes to rock scratching Australia is one of the world’s biggest: bauxite is no exception. Australia currently has 5 bauxite mines in operation: Boddington (Western Australia) - BHP Billiton - Worsley Alumina; Gove (Northern Territory) - Pacific Aluminium; Huntly (Western Australia) - Alcoa of Australia; Willowdale (Western Australia) - Alcoa of Australia; … Continue reading Mandatory RET the Nail in the Coffin for Aluminium Processors
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