Wicked Waste: Rocketing Prices & Blackouts Only ‘Dividend’ From $60bn in Subsidies to Wind & Solar

Setting fire to cash is one way of destroying value, throwing $billions in subsidies at intermittent wind and solar is just as effective. Chicago gangsters displayed their notorious net worth by stoking up their stogies with hundred-dollar bills. Easy come, easy go, as they say. So it is with the unreliables: wind and solar. Australian […]

French Kiss of Death: Paris Obsession Driving Australian Power Prices Through the Roof

For Australian households and businesses being crushed by out-of-control power prices the Paris Climate Agreement is a maniac’s suicide note. With nothing else to justify the $60 billion being thrown in subsidies at chaotically intermittent wind and solar, renewable energy rent seekers are clinging to the notion that the deal done in the City of […]

Descent Into Chaos: Australia’s Renewable Energy Policies Implode As Power Prices Rocket Out of Control

Blind panic doesn’t cover it: Australia’s energy crisis has MPs and rent-seekers running around like chooks with their heads cut off. Retail power prices (see above) have jumped anywhere between 20 and 28% in the last 12 months, in those states with major wind and solar capacity – adding to 13-20% increases, the previous year. Energy […]

Renewables Rent-Seeker Round-Up: Time to Shame the Bad, the Worse & the Ugly

The next generation of Australians will be eager to string up those responsible for turning an energy superpower into an international joke. Coal, gas and uranium rich Australia shouldn’t be paying the highest power prices in the world; and it shouldn’t be cutting power to businesses and hospitals during hot weather, when demand spikes and […]

Energy Minister Dumbstruck as Renewable Energy Calamity Crushes Australian Businesses & Families

  In the midst of a self-inflicted power pricing and supply calamity, you’d hope your Energy Minister could identify the cause and fix it. When the Minister happens to be Josh Frydenberg, any hope of a sensible solution fast turns to disappointment, on its way to frustration and exasperation. From the moment he took up […]

System Reboot Required: Undoing Australia’s Self-Inflicted Renewable Energy Disaster

  For some strange reason, wind ‘powered’ Victoria and South Australia suffer wholesale prices around double what’s paid in coal-fired Queensland and NSW? Could it be that massively subsidised, intermittent and unreliable wind power has wrecked power markets in Daniel Andrew’s Victoria and Jay Weatherill’s SA? The graphic above appeared in The Australian, a few […]

Reaping the Whirlwind: Insane Cost of Renewables Destroying Jobs & Australia’s Economic Prosperity

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 […]