Pac Hydro Write-Down Proves Wind Farms Don’t Run on Wind, they Run on Subsidies

**** Remember all that huff and puff put out over the last few months by the Clean Energy Council and near-bankrupt wind power outfit, Infigen about wind power becoming so cheap as to be competitive with coal and gas fired generators? You know, the fantastic tales about wind power causing a reduction in Australian retail […]

The Wind Industry’s Worst Nightmare – Angus Taylor – says: time to kill the LRET

**** Member for Hume, Angus “the Enforcer” Taylor has taken the lead on behalf of the Coalition in Tony Abbott’s quest to bring the wind industry to its knees. While there’s been a lot of huff and puff emanating from energy dimwits, Ian “Macca” Macfarlane and his youthful ward, Gregory Hunt about saving the mandatory […]

RET Review Panel Head, Dick Warburton: “the RET should be ended now”

Since the RET Review Panel delivered its coup de grâce to the Australian wind industry, the wind industry and its parasites – and the ABC and Fairfax press that run cover for them – have all tried to put a very different spin on the panel’s recommendations – as to which, see our post here. […]

Senator David Leyonhjelm: “Wake Up Clive!” – It’s Time to Kill the RET & Save the Poor

**** STT hears that Tony Abbott is hard at work on his mission to kill off the mandatory RET – with the aim of bringing an end to the most expensive and pointless policy of all time. One of the cross-bench Senators the PM needs to help demolish it during this parliament is David Leyonhjelm […]

Mandatory RET: An Expensive (and Unsustainable) Economic Burden

**** The RET is an expensive burden on the economy Australian Financial Review Alan Moran 19 August 2014 People and firms should be free to choose how they trade off their sources of energy and price preferences. With the carbon tax repealed, the focus has shifted to the renewable requirements. A key component of these, […]

Nick Cater: the Mandatory RET the Greatest Rort of All Time

Hostages to a renewable ruse The Australian Nick Cater 29 July 2014 The Abbott bashers are unwittingly siding with crafty merchant bankers. THE power couple. If there is a sound more pitiable than the whine of a pious environmental activist, it is the wail of a ­financier about to do his dough. The mournful chorus […]

Claims Wind Power now “Competitive” with Conventional Generators About to be Tested

**** In Australia and the US, the wind industry and its parasites are making wild claims about being able to deliver power at prices equal to, or less than, the cost of conventional generation sources (see our post here). Those claims are about to be put to the test. In both Countries, legislators are ready […]

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 […]

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 […]

Federal Government’s Mandatory RET pays Pac Hydro to Steal Sonia Trist’s Home

**** As STT followers are well aware, the mandatory Renewable Energy Target and the Renewable Energy Certificates issued to wind power generators under it amount to a Federal Tax on all Australian power consumers. The value of the REC Tax is then transferred to wind power outfits – like Union Super Fund backed, Pacific Hydro […]