The truth about the great wind power fraud
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 […]
There’s something uncanny about the relationship between rocketing power prices and renewable energy: ask a German, Dane or South Australian. The consequences of Germany’s obsession with sunshine and breezes are starting to hit home, with a vengeance. Its economic backbone, referred to as the ‘Mittelstand’ (small to mid-size firms, either in family or private hands) […]
Hoodwinking its way around the globe, the wind industry always pitched the promise of building factories to locally manufacture blades or towers. Over time, it’s turned out that such promises were just bait for the politicians they needed to sign over their constituents’ hard-won property rights, and to deliver the massive and endless subsidies […]
Australia’s industry leaders are screaming blue murder: power costs have doubled in less than three years and are set to do the same again. How they got that way is no mystery to STT followers: Guilty: Subsidised Wind & Solar Drive Australia’s Rocketing Retail Power Prices In fact, the culprits are so easy to identify […]
Every viable business depends upon a reliable and affordable electricity supply. In Australia, thanks to its suicidal renewable energy policies, that essential combination is now a relic of history. The chaos and staggering cost of intermittent wind and solar power has sent power prices through the roof and left its grid on the brink of […]
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 […]
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 […]
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