The truth about the great wind power fraud
Australia’s Energy Minister, Josh Frydenberg reckons adding more wind and solar will cut power prices, like South Australia never happened. In his efforts to sell his National Energy Guarantee, Frydenberg and his coterie of ‘expert’ advisors have not only ignored reality, they’ve attempted to substitute it with their very own. Over the last decade, there […]
Blind panic doesn’t cover it: Australia’s energy crisis has MPs and rent-seekers running around like chooks with their heads cut off. Retail power prices (see above) have jumped anywhere between 20 and 28% in the last 12 months, in those states with major wind and solar capacity – adding to 13-20% increases, the previous year. Energy […]
The hundreds of $billions paid in subsidies to intermittent wind and solar constitute the largest wealth transfer in economic history. In Australia, the Federal Government’s Large-Scale RET gouges $60 billion from power consumers over the life of the scam, and redirects it to such worthy outfits as AGL and our favourite whipping boys, Infigen. In the […]
Power prices matter: and they matter most to society’s poorest and most vulnerable. In less than a dozen years, Australia went from enjoying the cheapest power in the world, to suffering the world’s most expensive. In the last three years power prices have risen at double-digit rates: 20 to 24% last year and 13 to […]
The causes of Australia’s self-inflicted renewable energy disaster are all political; and have nothing to do physics, engineering, the weather or some kind of fossil-fuelled conspiracy. The policies were deliberately designed to destroy Australia’s affordable and reliable power supplies. And, according to their purpose, they’ve done just that. Last week, the Australian Competition & Consumer […]
The adults have just taken control of Australia’s renewable energy debacle: the ACCC’s investigation into RE subsidies and power market gaming spells the end for subsidised wind and solar. As STT has pointed out on more than one occasion: when a policy is unsustainable it will either collapse under its own imponderable weight, or its […]
Fixing Australia’s power pricing and supply calamity means slashing subsidies to wind and solar: not in 2020, not in 2030, but right now. For the wayward and confused, it’s always important to remember that a straight line is the shortest, and often the safest, route home. Australia’s self-inflicted energy crisis started out with massive subsidies […]
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