If the election of Donald Trump holds any lesson at all, it's that energy costs and the security of its supply determine the economic and social health of any Nation, and ignoring that fact - by zealously pushing policies to the contrary - will end in tears for those foolish and arrogant enough to believe … Continue reading Trump’s War on Wind Power: Access to Cheap & Reliable Power an Economic Fundamental
Tag: South Australian power prices
Wind Power Costs Crush the Poor
The rush to 'power' modern economies with a Medieval 'technology', abandoned Centuries ago for pretty obvious reasons, has brought with it a banquet of consequences: not least, 'energy poverty'. That term is one that has only come into common parlance with the soaring cost of electricity, caused by throwing $billions at a wholly weather dependent … Continue reading Wind Power Costs Crush the Poor
Victoria’s Wind Rush sees 34,000 Households Chopped from the Power Grid
It took a while for Victoria to catch up with Australia’s wind power capital, South Australia when it comes to the roll-out of giant fans. Now, just like SA – the cost of doing so is hitting home – or rather tens of thousands of Victorian homes - with a vengeance. Soaring power costs leads … Continue reading Victoria’s Wind Rush sees 34,000 Households Chopped from the Power Grid
Henry Ergas: the Mandatory RET Must Go Now
Greenhouse follies must end The Australian Henry Ergas 28 July 2014 Abbott must get rid of ineffective policies that hurt the economy THE carbon tax may have gone, but the players have not moved on. For the Greens, its resurrection is only a matter of time. Labor, ever reluctant to face realities, pretends to maintain … Continue reading Henry Ergas: the Mandatory RET Must Go Now
Want skyrocketing power prices? Just add Wind Power
**** With the Coalition’s review of the insanely expensive and utterly ineffective Renewable Energy Target (ineffective if the object was meant to be reducing CO2 emissions in the electricity sector) headed up by a team of hard-nosed economic rationalists, ready to take an axe to most ludicrous energy policy ever devised, the wind industry and … Continue reading Want skyrocketing power prices? Just add Wind Power
Wind Power: Germany’s Road to Economic & Social Disaster
**** In our last post we covered the fact that German economists have (uncharacteristically) united in their opposition to Germany's renewables policy - referred to as the "Energiewende" - which has seen thousands of giant fans - and millions of solar panels - rolled out across Deutschland: one of their number, Max Planck concluding that … Continue reading Wind Power: Germany’s Road to Economic & Social Disaster
German Wind Power Policy: an Economic Suicide Pact
**** For anyone looking for a taste of Australia’s economic future, then look no further than Germany. For that reason, over the next few posts, STT is going to have a close look at the debacle that is German wind power policy and its disastrous impacts on German business and households. Germany’s renewable policy - … Continue reading German Wind Power Policy: an Economic Suicide Pact
ETSA: Sir Tom Playford’s Ghost
**** Once upon a time, in a land far, far away there was a place called South Australia - and it enjoyed electricity delivered reliably and at retail prices amongst the lowest in the world (no, it wasn’t a dream). The brainchild of agrarian socialist, Liberal Premier, Sir Thomas Playford, the Electricity Trust of South … Continue reading ETSA: Sir Tom Playford’s Ghost
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