There is no surer way of wrecking an economy than cranking up energy costs. And there is no surer way of doing that, than by attempting to run on subsidised wind and solar power. Just ask a South Australian, a German or a Dane (who pay the highest power prices in the world, all … Continue reading Virginia Signs Economic Suicide Note: Democrat Governor Sets ‘Heroic’ Wind Power Target
Tag: Power prices unemployment
Insane Cost of Ontario’s Wind Power Obsession Killing Thousands of Manufacturing Jobs Forever
The principles of economics are not hard, nor are they a mystery. Jobs require viable businesses, viable businesses require cheap and reliable electricity. Deprive businesses of cheap and reliable power and those businesses will very soon cease to exist. Those truisms, however, continue to fall on deaf ears in Australia’s so-called ‘wind power capital’, South … Continue reading Insane Cost of Ontario’s Wind Power Obsession Killing Thousands of Manufacturing Jobs Forever
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
Heartless Hypocrites: Renewables Zealots Treat Jobless Thousands as ‘Collateral Damage’
In Australia’s rushed and ridiculous attempt to run on sunshine and breezes, objectivity and compassion were early casualties. Boffins, journalists and pundits from the green-left end of the swamp worship wind and solar power as the beguiled from some mediaeval cult. What singles out these Pinot Gris sipping neo-Marxists is their malignancy towards Australia’s … Continue reading Heartless Hypocrites: Renewables Zealots Treat Jobless Thousands as ‘Collateral Damage’
Renewable Energy Policy in South Australia & Ontario: ‘Simply Murder’
STT is not sure whether it’s just an Australian thing, but about 30 years ago capital cities around the country set out to find an international doppelgänger somewhere else in the world, willing to be referred to as their ‘Sister City’. Adelaide, the capital of that beleaguered economic backwater, South Australia has four of them: … Continue reading Renewable Energy Policy in South Australia & Ontario: ‘Simply Murder’
RET Protection Racket: PM Puts Retailers on ‘Double Secret Probation’ for Price ‘Gouging’
Australia’s self-inflicted power pricing and supply calamity lunges from the patently absurd to the utterly ridiculous. In the week just gone, Australia’s patrician and aloof PM, Malcolm Turnbull dragged the heads of Australia’s electricity retailers to Canberra for a shellacking that was supposed to impress Australia’s battered and beleaguered power consumers. To STT though, … Continue reading RET Protection Racket: PM Puts Retailers on ‘Double Secret Probation’ for Price ‘Gouging’
Australia’s Desperate Miners Demand End to Renewable Energy Madness: RET Must Go Now
Australia’s enviable prosperity isn’t due to sunshine and glinting solar panels or windmills flailing in the breeze, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium of the kind being gouged out of the ground by BHP Billiton at Roxby Downs in South Australia’s North (see above). How … Continue reading Australia’s Desperate Miners Demand End to Renewable Energy Madness: RET Must Go Now
Clueless: Australia’s Renewable Energy Disaster Deepens as Energy Minister, Josh Frydenberg Fudges & Fumbles
On the battlefield for Australia’s wealth and future economic prosperity, the forces have been divided between those pushing for the retention of the suicidal renewable energy policies that have all but crippled Australian business - particularly energy hungry businesses, like mining, manufacturing and mineral processing - and those hoping to bring an end to … Continue reading Clueless: Australia’s Renewable Energy Disaster Deepens as Energy Minister, Josh Frydenberg Fudges & Fumbles
Brewing Voter Fury Guarantees End to Australia’s Renewable Energy Target
Pensioners who can no longer afford power vote. The adult children of those pensioners vote. South Australian businessman, Stephen Scherer - owner of Plastic Granulating Services - who was forced to permanently shut the gates on an otherwise profitable business when his power bill went from $80,000 a month to $180,000 a month votes. … Continue reading Brewing Voter Fury Guarantees End to Australia’s Renewable Energy Target
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