Renewables Reset: Rocketing Power Prices Mean New PM Bound to Slash Wind & Solar Subsidies

Australia’s renewable energy policy has just imploded and, with it, the set-in-stone ‘certainty’ craved by renewable energy rent seekers. Never again will wind and solar power outfits be able to rely on the bipartisan support for subsidies to renewables, critical to their ‘business’ models. Generating power at the chaotic whims of nature’s wonder fuels means […]

Former Australian PM Tony Abbott Calls for a Moratorium on Wind Power Subsidies

*** Malcolm Turnbull did him in, on the night of the long knives. However, despite being relegated to the backbench, former PM, Tony Abbott will not be suppressed and he will not be silenced. At a time when the chatter at Australian barbecues is dominated by talk about rocketing power prices and the mass blackouts […]

Wind Industry’s “Death By A Thousand Cuts”: RET Review Panel – current RET should go

**** The RET Review Panel has delivered the final blow for the Australian wind industry, with recommendations that include killing the RET rort from here on: the Panel recommending that the current 41,000 GWh target be abolished – and that the door be firmly shut on any new wind farm investments. The Panel’s report is […]

Senator David Leyonhjelm: “Wake Up Clive!” – It’s Time to Kill the RET & Save the Poor

**** STT hears that Tony Abbott is hard at work on his mission to kill off the mandatory RET – with the aim of bringing an end to the most expensive and pointless policy of all time. One of the cross-bench Senators the PM needs to help demolish it during this parliament is David Leyonhjelm […]

Australian Wind Industry Doomed: Tony Abbott Signals the End of the Mandatory RET

  STT followers have been delighted with news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here). In response to the PM’s mooted plan, the wind industry and its parasites have been reduced to making idle threats of “revenge” and bleating about “sovereign risk”. […]

Senator Matt Canavan: mandatory RET is an Enormous Wind Industry Protection Racket

**** With news that Tony Abbott, Joe Hockey and Mathias Cormann have teamed up to axe the mandatory RET (see our post here), the wind industry and its parasites have been reduced to a pitiful spectacle: drifting between pleading and begging for mercy, on the one hand, and foaming rage, on the other. These desperados […]

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 […]