Starting next week, hard-pressed households and battered businesses will start receiving power bills which will be between 16 and 20% higher than the same time last year. In Australia, the underlying rate of inflation is around 1.5%. Punitive power bills have left 25% of households unable to heat their homes during the depth of an … Continue reading SOS: Kill the Renewable Energy Target Before It’s All Too Late
Tag: South Australia power prices
Brewing Voter Fury Guarantees End to Australia’s Renewable Energy Target
Pensioners who can no longer afford power vote. The adult children of those pensioners vote. South Australian businessman, Stephen Scherer - owner of Plastic Granulating Services - who was forced to permanently shut the gates on an otherwise profitable business when his power bill went from $80,000 a month to $180,000 a month votes. … Continue reading Brewing Voter Fury Guarantees End to Australia’s Renewable Energy Target
Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Not so long ago, barely 25 years, in fact, Australia was rightly regarded as an energy superpower: abundant coal and gas reserves ensured reliable, secure and affordable electricity. It was hard to explain ‘energy poverty’ to anyone and power was altogether cheap. Back then, the ‘business’ was about taking that electricity and using it … Continue reading Freedom of Choice: Massively Subsidised Wind Power or Jobs, Growth & Prosperity
Australia’s Renewable Policies an Economic Suicide Pact: Alan Finkel’s Report a ‘Death Wish’
Among the leaders of fanatical death cults, Jim Jones was probably one of the more endearing and charismatic: in 1978, at ‘Jonestown’, Guyana he encouraged 910 of his followers to gulp down some grape-flavoured Kool Aid and the rest, as they say, is history (it certainly was for the faithful cordial consumers). The psychology … Continue reading Australia’s Renewable Policies an Economic Suicide Pact: Alan Finkel’s Report a ‘Death Wish’
South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
By reason of its maniacal obsession with wind power, South Australia has become the butt of international jokes, and the object of plenty of sniggering from those occupying neighbouring states. These days, it’s almost impossible to read an article about South Australia’s economic misfortunes in which there is no mention of routine load-shedding and mass … Continue reading South Australia’s Wind Power Obsession Leads to Highest Power Prices in the World
Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode
*** Renewables rent-seeker, AGL has launched a propaganda war in Australia’s media, since the release of Alan Finkel’s fantasyland review of Australia’s power market calamity. Finkel’s report promised Australia’s very own Enron, among others, the opportunity to rape and pillage in a power market with an effective 42% RET, dominated by intermittent and unreliable wind … Continue reading Rocketing Power Prices Mean Australia’s Renewable Energy Target is Unsustainable and Ready to Implode
Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia
The only businesses which are bouncing along in South Australia are those selling portable diesel generators, candles and LED headlamps. The sort of staple items you might find on a Doomsday Prepper's list. However, in Australia's so-called wind power capital, BYO and DIY power and lighting are everyday essentials. SA's vapid Premier, Jay Weatherill pretends … Continue reading Wind Power Chaos Promises to Deliver Mass Summer Blackouts Across Australia
Politics of Power: Federal Coalition Government Turns on Subsidised Renewables
*** Politics is a brutal business: no sooner is a politician or political party riding the crest of a wave, than they’re being smashed against jagged rocks and deluged by a roaring surf. As Australian politicians are fast learning, the politics of power is even more brutal still. Continually rocketing power prices is bad enough, … Continue reading Politics of Power: Federal Coalition Government Turns on Subsidised Renewables
Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills
*** STT called Alan Finkel's report on Australia's renewable energy debacle a mix of Lewis Carroll's Through the Looking Glass and Goldilocks. As commentators chew through Finkel's rubbery figures, it is apparent that our description was not just fair but accurate. New electricity reform details cut off promised $90 saving The Australian David Crowe 16 … Continue reading Power Price Punishment Spreads as More Retailers Add 20% to Australian Power Bills
Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET
*** Never in the field of political conflict has so much been owed by so many to so few. So few, in fact, we can name him: Angus Taylor, Liberal Member for Hume. In a run of posts this week, STT will detail the fallout from Alan Finkel’s fantasyland review of Australia’s electricity market. In … Continue reading Liberal Coalition Plan to Kill Wind Power Subsidies: Angus Taylor Lays Out Low-Cost CET
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