The final part of the interview with Tim Le Roy. In this episode Tim describes how subsidies have warped the green energy ideal and caused significant job losses by supporting the roll-out of a deeply-flawed product - industrial wind turbines (4.11).
Tag: power prices
The “Le Roy Tapes”: Part 3 – Fraud
This is number 3 of a 5-part interview with Mr. Tim Le Roy, spokesman for the Coastal Guardians. In this installment, Tim focuses on the fraud of wind energy. An a financial specialist, Tim explains the economic fraud of inefficient, expensive and intermittent wind power. Tim also provides some simple explanations as to why wind … Continue reading The “Le Roy Tapes”: Part 3 – Fraud
Australia: slow to wake up?
As the rest of the major economies wake up to the insane cost of wind power - and the fact that its claimed benefit to the environment is so much turbulent air - has Australia been caught napping? Graham Lloyd's article in the Weekend Australian today suggests it's time to Wake Up Australia. The Weekend … Continue reading Australia: slow to wake up?
Germans launch blitzkrieg on turbines
STT readers might think of Germany as the land where large men in leather shorts drink beer all day from steins the size of Belgium, but it's not just a land where slops and sausage reign supreme. The German Mittelstand - its thousands of small to medium sized firms - builds stuff that works and … Continue reading Germans launch blitzkrieg on turbines
Ron “The Boss” Boswell lays it down and says “fair go”
STT says that if common sense was apple pie it's clear that Senator Ron Boswell has had a double helping. Short in supply in this debate and, thanks to the infectious disease that is "greentard ideology", rarely reported, here is the mighty Queenslander dishing out common sense with knobs on. Ron also lays it on … Continue reading Ron “The Boss” Boswell lays it down and says “fair go”
The RET & the REC: the anatomy of a National fraud
A little while ago one of our readers posted a comment including what would appear to be a fairly simple question, The Callous Wind wrote: I have a request for STT. Would you be able to please explain to us mere mortals, how the REC’s do actually work? There seems to be a lot of … Continue reading The RET & the REC: the anatomy of a National fraud
Liberal tilts at expensive wind mills
Angus Taylor at a property near Gunning in NSW . . . he says the renewable energy target scheme is inefficient Photo: Rob Homer Source: AFR Australian Financial Review February 26, 2013 By Mathew Dunckley and Marcus Priest A star business recruit to the Liberal Party is trying to convince the Coalition to reduce its support for … Continue reading Liberal tilts at expensive wind mills
Winds of change or Enron’s ghost?
Andrew Fastow served as the chief financial officer of Enron Corporation, an energy trading company based in Houston. He subsequently served a six-year prison sentence for crimes committed in this role. His sentencing judge said Fastow had "drunk the wine of greed". Excerpt: In 1997 Fastow decided to take it one step further. That January, … Continue reading Winds of change or Enron’s ghost?