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

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

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

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

Infigen Signals Its Own Demise – as the RET Review Panel Gets to Work

**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown – which collapsed spectacularly in 2009 – taking $10 billion of investors’ and creditors’ money with it on the way out (see this story). The way things are headed - get set for a replay. Infigen is bleeding cash (it backed up … Continue reading Infigen Signals Its Own Demise – as the RET Review Panel Gets to Work

Dick Warburton: is the RET worth the Pain inflicted on Families & Business?

As STT followers know, the RET Review Panel is headed up by Dick Warburton - a man who’s acutely aware of the pain being inflicted on Australian families and business by the mandatory Renewable Energy Target. Since Dick was appointed to conduct the first thorough cost/benefit analysis of the mandatory RET ever undertaken, the wind … Continue reading Dick Warburton: is the RET worth the Pain inflicted on Families & Business?

Australia’s Treasurer, Joe Hockey says: Stop These Things!

**** Last Friday, the Federal Treasurer, Joe Hockey (aka Shrek) met with Alan Jones on his Breakfast radio show on 2GB. And what he had to say about giant fans has sent the wind industry and its parasites into fits of apoplexy. Predictably, the usual suspects - eco-fascist bloggers, the ABC and Fairfax Press - … Continue reading Australia’s Treasurer, Joe Hockey says: Stop These Things!

Perverse Renewables Policy turns Wind Power into Super-Predator

**** On the rare occasions when wind power is able to deliver meaningful output to the grid – usually at night-time - generators are more than happy for the dispatch price (the price paid by the grid operator to generators) to hit zero - and have even paid the grid operator to take their output, … Continue reading Perverse Renewables Policy turns Wind Power into Super-Predator

Alan Moran: Scrap the RET and let Australian business compete again

**** Stop renewable subsidies to allow lower electricity prices and competitive industry Catallaxy Files Alan Moran 24 April 2014 The RET Review brought the usual howls of anguish from the rent seekers concerned that regulatory measures will cease and that they will need to sell their wind and solar products on the open market. That … Continue reading Alan Moran: Scrap the RET and let Australian business compete again

Want skyrocketing power prices? Just add Wind Power

**** With the Coalition’s review of the insanely expensive and utterly ineffective Renewable Energy Target (ineffective if the object was meant to be reducing CO2 emissions in the electricity sector) headed up by a team of hard-nosed economic rationalists, ready to take an axe to most ludicrous energy policy ever devised, the wind industry and … Continue reading Want skyrocketing power prices? Just add Wind Power