Australia’s Renewable Energy Disaster Sending Industries Offshore & Killing Thousands of Jobs

Australia’s industry leaders are screaming blue murder: power costs have doubled in less than three years and are set to do the same again. How they got that way is no mystery to STT followers: Guilty: Subsidised Wind & Solar Drive Australia’s Rocketing Retail Power Prices In fact, the culprits are so easy to identify […]

When will the Wind Industry Stop Lying?

**** With the Australian wind industry in its death throes, the industry and its parasites are lying around the clock in an effort to preserve the greatest rort of all time – as they seek to fend off the inevitable dismantling of the mandatory Renewable Energy Target. Lies about the number of jobs at risk. […]

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” […]

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 […]

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 […]