Sheik-Down, Down-Under: Saudi Billionaire Pockets $300m in Renewable Subsidies

Saudi solar tycoon’s $300m handout The Australian David Crowe 19 September 2017 Australians are set to pay $300 million in subsidies to an outback solar farm owned by a Saudi Arabian billionaire in a new test of the federal government’s looming energy reforms, escalating a dispute over whether to cut the handouts to keep coal-fired … Continue reading Sheik-Down, Down-Under: Saudi Billionaire Pockets $300m in Renewable Subsidies

Unreliable Subsidised Wind & Solar – Destroyers of Worlds – Have Become Economic Death

Market fails to cope with the rise of the unreliables The Australian David Uren 14 September 2017 Creeping nationalisation to fix policy blunders would make Lenin smile In the former Soviet Union, electricity-generating plants were built with the architectural grandeur of cathedrals, some with stained glass windows. The leader of the Russian Revolution, Vladimir Lenin, … Continue reading Unreliable Subsidised Wind & Solar – Destroyers of Worlds – Have Become Economic Death

Government Brawl with AGL Signals End of Renewable Subsidies

All of a sudden, everybody is interested in electricity. As a result, Australia’s patrician and aloof PM, Malcolm Turnbull has been gifted with any number of self-appointed energy market advisors. The quality of the advice tends to vary, and the solutions proffered generally have something to do with whether the protagonist is invested in the … Continue reading Government Brawl with AGL Signals End of Renewable Subsidies

Australia’s Monumental Wind Power Fail: Rocketing Prices & Mass Blackouts Here to Stay

As an entry-level primer on the causes and consequences of Australia’s self-inflicted energy calamity, this article by The Australian’s Graham Lloyd is a pretty fair effort. However, as usual, Graham allows his instinct for journalistic ‘balance’ to take the edge off his own analysis. Wind fail: blow me down The Australian Graham Lloyd 8 September … Continue reading Australia’s Monumental Wind Power Fail: Rocketing Prices & Mass Blackouts Here to Stay

Australia’s Massive Power Price Hike Caused by Intermittent Wind & Solar

The Australian Labor Party is funded by the Union Super funds that its faithful band of apparatchiks control. The likes of Bill Shorten, Greg Combet and Garry Weaven are all heavily invested in maintaining Australia’s Renewable Energy Target, because Union Super money, under their control, has been thrown into wind and solar power outfits like … Continue reading Australia’s Massive Power Price Hike Caused by Intermittent Wind & Solar

Malcolm, Josh Grow Up, Kill the Renewable Energy Target & Go Nuclear

When I was a child, I used to speak like a child, think like a child, reason like a child; when I became a man, I did away with childish things. Australians are fast growing up to the fact that running a country on sunshine and breezes is so much childish nonsense. Like most childish … Continue reading Malcolm, Josh Grow Up, Kill the Renewable Energy Target & Go Nuclear

Australia’s $60bn Business & Job Killing Renewable Energy Target: Turnbull & Frydenberg Dare Not Speak Its Name

Finally, the message is starting to get through: Australia’s Renewable Energy Target is a $60 billion tax on all Australian power consumers and, therefore, a guaranteed business and job killer. However, those tuned in to the PM, Malcolm Turnbull and his hapless sidekick, Josh Frydenberg wouldn’t know it. Frydenberg continues to rail about Labor’s ‘aspirational’ 50% … Continue reading Australia’s $60bn Business & Job Killing Renewable Energy Target: Turnbull & Frydenberg Dare Not Speak Its Name

It’s the Subsidies Stupid: Wind & Solar Go Nowhere Without Bags of Other People’s Money

  Time and time again we’re told that wind and solar power are not only competitive with conventional generators, but they’re practically free, and getting cheaper all the time. That myth in the mouth the protagonists lasts about as long as it takes their antagonists to retort, that if wind and solar power really are … Continue reading It’s the Subsidies Stupid: Wind & Solar Go Nowhere Without Bags of Other People’s Money

High Farce: Renewable Energy Target Sending Australia Broke

Tony Abbott’s RET, emissions policies made energy policy a farce The Australian Judith Sloan 12 August 2017 Tony Abbott may have seen the light on energy policy since ceasing to be prime minister. But when he had the top job, he made two fatal mistakes. The first was to agree to the renewable energy target … Continue reading High Farce: Renewable Energy Target Sending Australia Broke

RET Protection Racket: PM Puts Retailers on ‘Double Secret Probation’ for Price ‘Gouging’

  Australia’s self-inflicted power pricing and supply calamity lunges from the patently absurd to the utterly ridiculous. In the week just gone, Australia’s patrician and aloof PM, Malcolm Turnbull dragged the heads of Australia’s electricity retailers to Canberra for a shellacking that was supposed to impress Australia’s battered and beleaguered power consumers. To STT though, … Continue reading RET Protection Racket: PM Puts Retailers on ‘Double Secret Probation’ for Price ‘Gouging’