National Energy Guarantee Spells Doom for Wind Power: Mere Threat of NEG Smashes Wind Power Outfits’ Share Prices

The wind industry in Australia is doomed, and it knows it. Power consumers who have received power bills since retail rates increased fully 20% in July, are furious; tens of thousands simply can’t pay them and have been put on ‘payment plans’, while thousands more have simply been disconnected from the grid, unable to pay […]

Fear & Loathing Downunder: Australian PM’s Reliable Power Play Kills Dozens of Wind Power Projects Stone Dead

Gradually, painfully, the wind industry, its parasites and spruikers are coming to the realisation that Malcolm Turnbull’s National Energy Guarantee means the end of the greatest subsidy-soaked rort of all time. Among renewables rent-seekers, a few deluded souls are still kidding themselves that it will all blow over (so to speak), while, at the other […]