The REC Tax that comes with the RET is the most regressive tax of all. The impact on the poorest and most vulnerable is punishing and has led to the new phrase of our time – “energy poverty”. Germany has disconnected some 800,000 homes from its grid simply because they can no longer afford their … Continue reading Kill the RET and Save the Poor
Tag: Renewable Energy Target
The RET helped to kill Alcoa’s Port Henry Aluminium Smelter & 980 jobs
**** Proving Ron Boswell’s statement that: “Australia can have a carbon price and renewable energy targets or viable manufacturing. We can’t have both” – aluminium refiner, Alcoa has just announced that it will pull the plug on its Port Henry smelter near Geelong – with the loss of 980 jobs. Here’s The Australian on another … Continue reading The RET helped to kill Alcoa’s Port Henry Aluminium Smelter & 980 jobs
Dennis Shanahan: time to scrap the “secret” carbon tax
**** The Australian’s Dennis Shanahan has come out swinging against the RET – calling it the “secret” carbon tax that simply has to go. Abbott finds energy to act on ‘secret’ carbon tax The Australian Dennis Shanahan, comment 18 February 2014 AFTER years of shadow boxing, Tony Abbott has finally decided to act on the … Continue reading Dennis Shanahan: time to scrap the “secret” carbon tax
Call to Scrap RET goes from Whisper to Roar: BCA joins the queue
Renewable energy target distorting market: BCA The Australian Annabel Hepworth 14 February 2014 THE nation’s peak business group has warned that the controversial renewable energy target — already blamed for distorting the $11 billion National Electricity Market — could become more expensive when the carbon tax is repealed. In a submission obtained by The Australian, … Continue reading Call to Scrap RET goes from Whisper to Roar: BCA joins the queue
Burchell Wilson: The RET is corporate welfare on a massive scale
The Government's review of the impact of the RET on power prices is expected to result in either a massive cut to the renewable energy target - or the scrapping of it outright - a move backed by the Australian Chamber of Commerce and Industry's Chief Economist Burchell Wilson. Burchell Wilson has already given the … Continue reading Burchell Wilson: The RET is corporate welfare on a massive scale
Nick Xenophon slams “reckless” CERES Project as an “economic kick in the guts” for SA
**** SA’s favourite Greek, Senator Nick Xenophon has teamed up with Frontier Economics’ Danny Price to absolutely hammer the ludicrous plan to spear 197 giant fans into SA’s agricultural Heartland on Yorke Peninsula. While we noted yesterday that the chances that the Ceres project will ever be built are slimmer than a German supermodel – … Continue reading Nick Xenophon slams “reckless” CERES Project as an “economic kick in the guts” for SA
Stanwell Corp says the RET must GO
**** STT hears the queue outside Environment Minister, Greg Hunt’s office is becoming rowdier and larger by the day. Real power generators are keener than ever to get rid of the mandatory Renewable Energy Target – and see the potential for the Coalition’s Direct Action policy to do just that. Operatives from Queensland’s biggest power … Continue reading Stanwell Corp says the RET must GO
Energy Policy Institute of Australia: no “ifs”, no “buts” – the RET must go NOW
With the RET review about to kick off shortly, anyone that’s anyone is lining up to make sure the most ridiculous energy policy ever cooked up and endorsed by an Australian Coalition government gets the axe. The Energy Policy Institute of Australia has just joined the queue - and for very good reason. We’ll let … Continue reading Energy Policy Institute of Australia: no “ifs”, no “buts” – the RET must go NOW
Greg Hunt & Ian Macfarlane: aka “Dumb” and “Dumber”
STT has raised one or two suspicions about Ian “Macca” Macfarlane’s unseemly connections with his mates at Infigen (aka Babcock & Brown) and we’ve entertained the odd doubt about young Gregory Hunt. Now it seems that they’re ready to convert doubts and suspicions into cold, hard - industry and employment destroying - facts. These clowns … Continue reading Greg Hunt & Ian Macfarlane: aka “Dumb” and “Dumber”
Game On: the Race to Kill the RET
**** With the Head Boy, Tony Abbott recently signalling the demise of the RET (see our post here) Labor apparatchiks have gone into a flat panic. Labor is a party that’s controlled by Australia’s Unions - and fed and fattened on a steady diet of the money controlled by Union backed Superannuation funds. Over the … Continue reading Game On: the Race to Kill the RET
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