Not so long ago, barely 25 years, in fact, Australia was rightly regarded as an energy superpower: abundant coal and gas reserves ensured reliable, secure and affordable electricity. It was hard to explain ‘energy poverty’ to anyone and power was altogether cheap. Back then, the ‘business’ was about taking that electricity and using it … Continue reading Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Tag: Power prices unemployment
South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
By reason of its maniacal obsession with wind power, South Australia has become the butt of international jokes, and the object of plenty of sniggering from those occupying neighbouring states. These days, it’s almost impossible to read an article about South Australia’s economic misfortunes in which there is no mention of routine load-shedding and mass … Continue reading South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
*** In yesterday's post we described Alan Finkel's report on Australia's power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure … Continue reading Finkel’s Fantasyland: Report to ‘Save’ Australia’s Power Grid From Renewables Chaos a Death Sentence for Business
Power & Politics: Coca Cola Abandons South Australia to Escape Crippling Power Prices & Chaotic Supply
*** In Australia's, so-called 'wind power capital', South Australia, meaningful and lasting employment is a rare and beautiful thing. Last week, Coca-Cola Amatil announced that it is shutting its Adelaide bottling plant, which has delivered the 'real thing' to South Australians since 1939. The loss of around 200 jobs in the economic basket case that … Continue reading Power & Politics: Coca Cola Abandons South Australia to Escape Crippling Power Prices & Chaotic Supply
Wind Power Costs Crushing Jobs & Workers: The Politics of Renewables Turns Toxic
*** 2016 was the year that Australia’s voting public turned on wind power with a vengeance. Once upon a time, we were treated to pumped up claims from wind industry spruikers, like the Clean Energy Council, yes2ruiningus and ruin-economy based on loaded ‘surveys’ that there were only two types of people: those already in love … Continue reading Wind Power Costs Crushing Jobs & Workers: The Politics of Renewables Turns Toxic
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