If massive subsidies tacked onto your power bill and directed to wind and solar generators wasn’t enough, there’s a government backed slush fund channelling hundreds of $millions into the wind and solar scam, as well. In Australia the Clean Energy Finance Corporation is a Federal government backed outfit that has been doling out soft money … Continue reading Burning Cash: Renewable Energy Slush Fund Wasting $Billions of Taxpayers’ Money
Tag: Scott Morrison clean energy Finance Corporation
New Nowhere Land: Australia’s Energy Crisis Deepens With Renewed Renewables Push
Australia’s embattled power consumers thought they were about to get a break, then their PM decided to throw another billion dollars in subsidies to wind and solar. And it’s not like taxpayers and power consumers weren’t already on the hook. The Federal government's Large-Scale Renewable Energy Target (LRET) is costing all Australian power consumers over … Continue reading New Nowhere Land: Australia’s Energy Crisis Deepens With Renewed Renewables Push
Wicked Waste: Voter Fury At The Staggering & Mounting Cost of Australia’s Wind & Solar Subsidies
By throwing another lazy $billion dollars at intermittent wind and solar, PM Scott Morrison has not only lost the constituency that voted for him, he’s lost the plot. 20 years ago, Australians enjoyed the cheapest power in the world; now they the prices they suffer are up there with the world’s most expensive. All … Continue reading Wicked Waste: Voter Fury At The Staggering & Mounting Cost of Australia’s Wind & Solar Subsidies
Forgotten People: New Wind & Solar Slush Fund Shows PM’s Contempt for Quiet Australians
The great unwashed in Australia’s suburbs and regions worked out long ago that heavily subsidised and chaotically intermittent wind and solar represent a problem, rather than a solution. Watching their power prices go through the roof, with much worse to come, the ambitious working classes were clearly none too keen on suffering more of … Continue reading Forgotten People: New Wind & Solar Slush Fund Shows PM’s Contempt for Quiet Australians