The Wind Industry: You Know It’s a ‘Ponzi’ Scheme When its Targets Include Schools & Councils

**** STT has pointed out just a few times that the wind industry is little more than the most recent and elaborate Ponzi scheme in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the wind industry, the scam is all about pitching bogus projected returns […]

Labor & the Australian Greens: Nasty & Stupid – the Original Energy Policy Pygmies

**** Labor have long ceased to be the “workers’ party – instead it’s all about power – and the only way to cling to power is access to fat piles of cash. The Union (Industry) Super Funds – controlled by the likes of former Climate Change Minister, Greg Combet and his best mate Garry Weaven […]

Labor Determined to Smash the Poor & Put REAL Australian Businesses to the Sword

**** A little while back we covered the lone-wolf efforts of the Coalition’s Energy Minister, Ian “Macca” Macfarlane to salvage the Renewable Energy Target from its inevitable collapse. Macca – whose links to near-bankrupt wind power outfit Infigen are far from “healthy” (see our posts here and here) tossed a ball into the Labor Opposition’s […]

Pac Hydro Write-Down Proves Wind Farms Don’t Run on Wind, they Run on Subsidies

**** Remember all that huff and puff put out over the last few months by the Clean Energy Council and near-bankrupt wind power outfit, Infigen about wind power becoming so cheap as to be competitive with coal and gas fired generators? You know, the fantastic tales about wind power causing a reduction in Australian retail […]

Wind Power Investors: Get Out While You Can

**** For anyone still foolish enough to have their hard earned cash invested in wind power companies the warnings to grab your money and run couldn’t be louder or clearer. The members of the RET review panel have signalled their intention to take an axe to the RET: spelling out the fact that the review […]

Keith De Lacy: “New” Labor – Out to Punish the Poor & Get Rich

*** A few posts back we looked at how South Australia went from economic zero to economic hero during the 1950s and 1960s – with the help of a pragmatic Adelaide Hills farmer, Sir Tom Playford. Tom created a manufacturing and industrial investment paradise – principally by making cheap and reliable power available through the […]

Game On: the Race to Kill the RET

**** With the Head Boy, Tony Abbott recently signalling the demise of the RET (see our post here) Labor apparatchiks have gone into a flat panic. Labor is a party that’s controlled by Australia’s Unions – and fed and fattened on a steady diet of the money controlled by Union backed Superannuation funds. Over the […]