**** Spain has been held up by the gullible and naïve (some might say, cynical and malign) hard-green-left as the model for our “new” energy future. Some “model”!! The Spaniards have thrown 100s of billions of euros in subsidies at solar and wind power, and have achieved nothing but economic punishment in return. The power … Continue reading Spain’s Renewable Energy Disaster Draws to a Close
Tag: power prices
Wind Turbines: “Don’t run on wind, they run on subsidies”
Ontario is about to boil over, as impacted and threatened communities unite in seething rage at what their political betters have done to energy policy (see our post here). The hard-green-left Liberals have created a wind power policy so insane as to beggar belief: sending power prices through the roof (referred to as “hydro bills”, … Continue reading Wind Turbines: “Don’t run on wind, they run on subsidies”
Power Punters Face $billions in “Fines” as Mandatory RET Deemed “Doomed to Fail”
**** In our earlier posts (here and here) we outlined the fact that – under the mandatory Renewable Energy Target - retailers are fined $65 per MWh for every MW they fall below the mandated 41,000 GWh annual target: what’s called the “shortfall charge” - follow the links here and here. With less than 23,000 … Continue reading Power Punters Face $billions in “Fines” as Mandatory RET Deemed “Doomed to Fail”
Big Wind’s Totally Bogus Subsidy Adventure
If time-travelling teens from the future (a world where wind farms had long since been cut up for scrap) lobbed into 2014, they’d be “totally bummed out” at what must have happened to our collective intelligence to end up with giant fans at centre-stage of today’s “modern” energy policy. They’d think the idea of trying … Continue reading Big Wind’s Totally Bogus Subsidy Adventure
Wind Farms: Nothing More than Power-Grid-Parasites
**** Apart from the insane cost of propping up near bankrupt wind power outfits – like Infigen – with $ billions in subsidies in the form of the REC Tax/Subsidy – the wind industry gets to “free-ride” on the Australian electricity consumer in at least 2 ways. The first is getting preferential distribution of the … Continue reading Wind Farms: Nothing More than Power-Grid-Parasites
RET Review Panel says: Now THAT’S a Submission
In the week just gone, eco-fascist blogs like yes2ruining-us and ruin-economy have crowed about their team sending 23 million submissions to the RET Review Panel (okay, so we’ve exaggerated a bit, but so did they – and you get our point). Likewise, the Twitter-sphere has seen a flurry of self-congratulatory messages from the lunatic fringe … Continue reading RET Review Panel says: Now THAT’S a Submission
The Renewable Energy Target & the REC Tax: a Political Time-Bomb for Tony Abbott
**** Following the Coalition’s first budget, Australian political discourse is bouncing firmly along the bottom of the gutter. Barrackers for the hard-green-left lunatic fringe - like the ABC, SBS and the Fairfax Press - have taken to seizing on Coalition “horrors”: like the fact that the Treasurer and Finance Minister were unrepentant about being “caught” … Continue reading The Renewable Energy Target & the REC Tax: a Political Time-Bomb for Tony Abbott
Australia’s Miners say: “Tony, it’s Time for the Great Big Toxic REC Tax to GO”
**** As the RET Review Panel get ready to help axe the mandatory Renewable Energy Target, Australia’s miners have united to brand the RET a guaranteed “job killer” and just “plain crazy”. The miners quite rightly identify the Renewable Energy Certificates (RECs) issued under that policy as an enormous and unnecessary cost burden to households … Continue reading Australia’s Miners say: “Tony, it’s Time for the Great Big Toxic REC Tax to GO”
Energy Market Gorillas Beat Up on the Wind Power Monkeys
**** The opportunity to make submissions to the RET Review Panel ended last Friday. The Panel’s mailbox has been stuffed with cracking submissions from Australia’s leading energy market economists, business groups and, more importantly, the really BIG players in Australia’s energy market (let’s call them the “energy market gorillas”). Two of the biggest - Origin … Continue reading Energy Market Gorillas Beat Up on the Wind Power Monkeys
Alan Moran: time to Terminate the Great RET Scam
**** Alan Moran took on the role of RET “Terminator” some time back (see our post here). For Alan the driving question is not: “are you John Connor?” – it’s more like “are you Miles George?” – or any other wind industry rent-seeker hoping to continue stealing from Australian power punters, for that matter. But … Continue reading Alan Moran: time to Terminate the Great RET Scam
STOP THESE THINGS 