Wind Power Investors: Get Out While You Can

**** For anyone still foolish enough to have their hard earned cash invested in wind power companies the warnings to grab your money and run couldn’t be louder or clearer. The members of the RET review panel have signalled their intention to take an axe to the RET: spelling out the fact that the review … Continue reading Wind Power Investors: Get Out While You Can

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!

Bjørn Lomborg: Cost of Renewables Hit Poorest the Hardest

Bjørn Lomborg has become one of the most high profile critics of insanely expensive and utterly pointless renewable energy policies across the globe (see our posts here and here). Bjørn's back - and this time he adds the impact that our ludicrous Renewable Energy Target has had - and will have - on power prices and … Continue reading Bjørn Lomborg: Cost of Renewables Hit Poorest the Hardest

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

Energy Australia pulls the plug on Robertstown wind farm project

Great news for the tight little South Australian farming communities of Robertstown and Point Pass as Energy Australia pulls the plug on its plans to slam 40 giant fans into the heart of highly productive farming and grazing territory in SA's Mid-North. Here's the story - as told by STT Champion, Mary Morris: Colin Schaefer … Continue reading Energy Australia pulls the plug on Robertstown wind farm project

Wind Power “Investors” and Retailers – Enter Contracts at your own RISK

**** With the Coalition’s RET Review Panel sharpening their axes the wind industry and its parasites have descended into a disorderly state of panic. For the very first time the industry’s wild and unsubstantiated claims about CO2 emissions reductions; its ludicrous claims about being “competitive” with conventional generation sources; and nonsensical claims about having minimal … Continue reading Wind Power “Investors” and Retailers – Enter Contracts at your own RISK

RET Review Panel gets to work

The wind industry and its parasites are still reeling about the prospects of the Coalition’s RET review - which could well result in the mandatory Renewable Energy Target being scrapped altogether. The Expert Panel appointed by Tony Abbott to undertake the review - Dick Warburton AO LVO (chair), Dr Brian Fisher AO PSM, Shirley In’t … Continue reading RET Review Panel gets to work

Kill the subsidies and the wind industry dies

In recent weeks the greentard blogs have been overcome with grief as they moan about the almost inevitable consequences of the Coalition’s RET review, the future of the CEFC and now the ARENA fund - yet another taxpayer backed renewable slush fund that faces the chop. Their wailing and gnashing of teeth undermines their specious … Continue reading Kill the subsidies and the wind industry dies

Henry Ergas: the CEFC Labor/Green folly in the extreme

  The Clean Energy Finance Corporation is the brainchild of the Green-Labor alliance that left the Australian taxpayer as the unwilling underwriters of highly speculative wind power ventures that conventional banks won't touch with a barge pole. The CEFC is an outfit living on borrowed time - the Coalition have sworn that it'll be scrapped … Continue reading Henry Ergas: the CEFC Labor/Green folly in the extreme