Wind Power Subsidy Cuts Kill Thousands of Green Jobs: Siemens Sacks 6,000 Workers

The wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind industry, the scam is all about pitching bogus projected returns (based on overblown wind “forecasts”) (see our posts here and here and here and here); claiming that […]

RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence

Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business […]

Clueless: Australia’s Renewable Energy Disaster Deepens as Energy Minister, Josh Frydenberg Fudges & Fumbles

  On the battlefield for Australia’s wealth and future economic prosperity, the forces have been divided between those pushing for the retention of the suicidal renewable energy policies that have all but crippled Australian business – particularly energy hungry businesses, like mining, manufacturing and mineral processing – and those hoping to bring an end to […]

Oklahoma’s Former Governor: Subsidised Wind Power a Multi-Billion Dollar Mistake

  As Mark Twain put it: “It’s easier to fool people than to convince them that they have been fooled.” And, even when the dupe accepts his folly, sorry seems to be the hardest word. Frank Keating was governor of Oklahoma 1995-2003 and is responsible for its wind power calamity, as he calls it. Uncharacteristically of […]

Australia’s Renewable Policy Destroying Jobs: Miners Facing Power Price & Supply Crisis

Australia’s enviable prosperity isn’t due to sunshine and breezes, it’s down to iron ore, coal and a bevy of other minerals including copper and uranium of the kind being gouged out of the ground by BHP Billiton at Roxby Downs in South Australia’s North (see above). How long Australia maintains its wealth is down to […]

Energy Economics Mythbusters: Claims Renewables Create Real & Lasting Jobs Just Fake News

One “justification” put up by the wind industry and its parasites for the social and economic chaos caused by spiralling power costs and – in places like notionally wind ‘powered’ South Australia – load shedding and blackouts (caused by daily wind power output collapses) is the claim that investment in wind power would create a […]

SA’s Deluded Labor Government Determined to Kill Jobs with 50% Renewable Energy Target

*** In a week when Coca-Cola Amatil announced that it would close its Adelaide bottling plant with the loss of 200 jobs, one might have reasonably expected South Australia’s hapless Labor government to have taken the opportunity to retreat from its disastrous energy policy. To the contrary, Jay Weatherill & Co sought to double down […]