Labor's Martin Ferguson bowed out of Parliament (gracefully) last year amid the brawl over the leadership between Julia Gillard and Kevin Rudd. His departure was lamented on both sides of the House as Canberra lost a seasoned policy advocate for mining, industry and enterprise. Martin has just come out swinging about the scale and market … Continue reading Labor’s Martin Ferguson: time to scale back RET
Tag: RET review
Judith Sloan: Junking the RET is the right thing to do
Judith Sloan has already entered the STT Pantheon with an earlier piece on the insanity that is the RET (see our post here). Well, the lass with a head for numbers - and smarter than brain pie - is back at it with this sizzling piece from The Australian. Junking energy target is right The … Continue reading Judith Sloan: Junking the RET is the right thing to do
Kill the RET and Save the Poor
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
Miners gang up on the RET
Australia’s miners have carried its economy along on a wave of investment and export growth over the last 20 years – so when they talk – governments listen (see our post here). Here’s a cracking piece by Minerals Council Chief, Brendon Pearson that appeared in The Australian. No end in sight to soaring electricity prices … Continue reading Miners gang up on the RET
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
Planets Align as Dick Warburton – RET Slayer – appointed to head RET Review
“Apoplexy”: informal, extreme anger: the decision has aroused apoplexy among greentard bloggers. In the week just gone, greentard bloggers, wind weasels and their parasites have gone into meltdown over the Head Boy’s decision to appoint 4 business and energy market experts to head up the long awaited RET review. In charge will be Dick Warburton … Continue reading Planets Align as Dick Warburton – RET Slayer – appointed to head RET Review
US Renewable Guru commits heresy – once the facts are known support for fans plummets
Many STT readers will be aware that both the Australian government (where are you Greg Hunt) and the Clean Energy Regulator have been conspicuously silent amid allegations of fraudulent payments running to hundreds of millions of dollars relating to RECs - aka Large-scale Generation Certificates (LGCs) - created by non-compliant wind factories such as Waubra, … Continue reading US Renewable Guru commits heresy – once the facts are known support for fans plummets