**** Tony Abbott has made no secret of his eagerness to do away with the most colossal corporate welfare scheme in the history of the Commonwealth (see our posts here and here and here). And his Treasurer, Joe Hockey has pinned his colours to the mast as someone who can’t stand wind farms - and … Continue reading Tony Abbott, Joe Hockey & Mathias Cormann: Natural Born RET Killers
Tag: Renewable Energy Target
European Governments Rip Up Wind Power Contracts
**** In recent weeks there has been a cacophony of wind industry rent-seeker bleating. Turbine makers, like America's GE have been running hard in the press touting the "merits" of retaining the mandatory Renewable Energy Target - a scheme that will see $50 billion added to Australian power bills and directed to wind power outfits … Continue reading European Governments Rip Up Wind Power Contracts
Lessons from Germany’s Wind Power Disaster
**** All lies and promises – the wind industry has finally been rumbled in Germany and is about to be shown the door in Australia. The wind industry and its parasites have been guilty of more than just a little hubris. Claiming to be able to deliver cheap, reliable sparks was always going to be … Continue reading Lessons from Germany’s Wind Power Disaster
Maurice Newman: NSW’s “Green” Dreaming is Nuts
**** California dreaming is nuts in NSW The Australian Maurice Newman 30 July 2014 There will be national fallout from our biggest state’s clean energy stance NSW Environment Minister Rob Stokes told a Clean Energy Week forum last week, “We are making NSW No 1 in energy and environmental policy.” He added: “When it comes … Continue reading Maurice Newman: NSW’s “Green” Dreaming is Nuts
Henry Ergas: the Mandatory RET Must Go Now
Greenhouse follies must end The Australian Henry Ergas 28 July 2014 Abbott must get rid of ineffective policies that hurt the economy THE carbon tax may have gone, but the players have not moved on. For the Greens, its resurrection is only a matter of time. Labor, ever reluctant to face realities, pretends to maintain … Continue reading Henry Ergas: the Mandatory RET Must Go Now
Sun, wind and drain: the Hidden and Obscene Cost of Wind Power
Wind power doesn't run on wind, it runs on subsidies. And the cost of these subsidies goes way beyond direct financial incentives; such as the REC Tax levied on all Australian power consumers - and extends to the cost of conventional generators holding sufficient spinning reserve and fast-start-up Open Cycle Gas Turbines - both forced … Continue reading Sun, wind and drain: the Hidden and Obscene Cost of Wind Power
Business Calls for RET Retreat to Save Real Jobs
Corporate call for Clive Palmer to retreat on Renewable Energy Target Sid Maher The Austrlian 25 July 2014 CLIVE Palmer faces pressure to allow changes to the Renewable Energy Target after business groups released modelling showing the existing scheme will drive up power prices by $49 a year per household over the next decade and … Continue reading Business Calls for RET Retreat to Save Real Jobs
When the Wind Doesn’t Blow…NO POWER!
Terry McCran writes about the stupidity of intermittent power output from wind farms in Australia looking at July 21. Truth is July 22 was worse. When the wind doesn’t blow, the power doesn’t switch on Terry McCrann Herald Sun 22 July 2014 ON Monday, all the wind farms in Southern Australia, all the hundreds of … Continue reading When the Wind Doesn’t Blow…NO POWER!
Time to Kill the Mandatory RET & Bring Power Prices Back to Earth
Abbott must keep calm and cut power prices The Australian Gary Johns 15 July 2014 THE British government in 1939 created the phrase “Keep Calm and Carry On” to prepare Brits for German attacks during World War II. The Abbott government should adopt it, and take heart. Of course, the slogan belied the preparedness to … Continue reading Time to Kill the Mandatory RET & Bring Power Prices Back to Earth
Burchell Wilson: Sectors Should Join to Beat the RET
Burchell Wilson holds the chief economist role at the Australian Chamber of Commerce and Industry. He's been on the front foot for some time now, seeking the abolition of the mandatory RET - which he sees as "corporate welfare on a massive scale". Here's Burchell unloading in today's Australian. Sectors should join to beat … Continue reading Burchell Wilson: Sectors Should Join to Beat the RET