The truth about the great wind power fraud
South Australians know an awful lot about sweating in the dark and, thanks to their fixation on wind and solar power, its hapless proletariat will get to learn a whole lot more. Renowned by the renewable cult as Australia’s ‘wind and solar capital’, SA suffers Australia’s highest power prices and, quite naturally, Australia’s highest rate […]
Putting a million Australians back to work requires a complete overhaul of Australia’s suicidal energy policies. The Federal and State government dictated coronavirus lockdowns have delivered Australia’s first recession in over 30 years; unemployment rates – already climbing – are set to skyrocket when the JobKeeper employment subsidy to businesses runs out in September; close […]
The principles of economics are not hard, nor are they a mystery. Jobs require viable businesses, viable businesses require cheap and reliable electricity. Deprive businesses of cheap and reliable power and those businesses will very soon cease to exist. Those truisms, however, continue to fall on deaf ears in Australia’s so-called ‘wind power capital’, South […]
Australia was once an energy superpower, supporting mining, mineral processing, manufacturing and energy-intensive agriculture (think irrigators, dairies, aquaculture and horticulture). Pretty soon, if Bill Shorten’s Labor Party gets anywhere near the controls, power prices will be driven to astronomical levels and those industries driven out of existence. Hundreds of thousands of well-paid, meaningful jobs […]
Australia’s power pricing and supply calamity has a single, proximate cause: massively subsidised, intermittent, unreliable wind and solar power. The relationship is obvious to all but the deliberately obtuse and the rent-seekers that profit from it. Another obvious relationship is how Australia’s enviable wealth and economic prosperity depended upon reliable and affordable power supplies. Now […]
Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business […]
In Australia’s rushed and ridiculous attempt to run on sunshine and breezes, objectivity and compassion were early casualties. Boffins, journalists and pundits from the green-left end of the swamp worship wind and solar power as the beguiled from some mediaeval cult. What singles out these Pinot Gris sipping neo-Marxists is their malignancy towards Australia’s […]
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 […]
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 […]
*** In yesterday’s post we described Alan Finkel’s report on Australia’s power market fiasco as a mixture of Lewis Carroll’s ‘Through the Looking-Glass’ – residing in a place where the fundamentals of physics and economics, logic and reason are playfully and permanently suspended – and Goldilocks – the story about an infantile quest to make sure […]
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